China bought 30,000 T of pork for state reserves -commerce ministry

 

Reuters

via Financial Post (Canada) - Oct 11, 2021

 

BEIJING — China’s commerce ministry said on Monday it bought 30,000 tonnes of pork for state reserves on Oct. 10, the latest in a series of purchases.

 

Beijing is buying up pork to support prices of the country’s staple meat after they plunged this year, leading to heavy losses for farmers.

 

(Reporting by Dominique Patton; Editing by Christian Schmollinger)

 

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https://financialpost.com/pmn/business-pmn/china-bought-30000-t-of-pork-for-state-reserves-commerce-ministry