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The ongoing rebound in China’s live hog prices has been stronger than market expectations, said China Merchants Securities in a note.
According to data compiled by the broker, China’s live hog prices jumped above 20 yuan per kg last week. As of July 1, live hog prices stood at 20.4 yuan per kg, jumping by 14% from the previous week, marking the first time for the price to exceed 20 yuan per . . .
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