China's pork prices hit a new record high amid outbreaks of African swine fever, which has prompted the government to introduce new measures to support pork production and stabilise the prices.
Retail pork prices in China rose to 32.4 yuan per kg in the week to August 14, according to data from the Ministry of Agriculture and Rural Affairs, up 46 per cent from a year earlier.
The average pork prices during August 11 - 20 surged 16.2 . . .
To continue reading, please subscribe. You will get
- An indispensable and reliable source of information on China's economy and financial markets
- Original and in-depth reporting
- Details, data and perspectives you don't read elsewhere
- THE WIRE - a real-time financial news platform focused on China
- Daily Brief newsletter to get you prepared for every trading day
We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.
Already have an account? Sign In