China: Swine and Pork Market Interventions Ineffective at Managing Rising Prices

  |   Attaché Report (GAIN)   |   CH2022-0117

Contact:

Office of Agricultural Affairs, Beijing   |   (011-86-10) 8531-3600

Link to report:

China: Swine and Pork Market Interventions Ineffective at Managing Rising Prices

Since September 8, 2022, the People’s Republic of China (PRC) National Development Reform Commission (NDRC) has auctioned 127,100 metric tons (MT) of frozen pork reserves as an attempt to curb rising prices. However, despite numerous auctions and other PRC market guidance, domestic prices continue to rise. China is now entering the peak season for demand of pork and pork products. Imports of pork from January through August 2022 are down 62 percent compared to the same period in 2021.

East Asia and the Pacific, China
Dairy, Livestock and Poultry, Pork & Pork Products

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.