Pork prices in China edge down



via China.org.cn - July 28, 2020


Pork prices in China declined last week as supply exceeded demand, official data showed Tuesday.


From July 20 to 24, the average pork price index in 16 provincial-level regions tracked by the Ministry of Agriculture and Rural Affairs was 48.89 yuan (about 6.99 U.S. dollars) per kg, down 2.7 percent week on week.


Since the beginning of this year, the government has been taking several measures to boost supply, including releasing frozen pork reserves and increasing imports.


To cushion the impact...