China's pork price down 7 pct last week

0 Comment(s)Print E-mail Xinhua, August 6, 2022
Adjust font size:

Pork price in China declined by 7 percent last week on a weekly basis as hog supply increased significantly, official data showed.

From July 25 to 29, the average pork price tracked by the Ministry of Agriculture and Rural Affairs stood at 27.7 yuan (about 4.11 U.S. dollars) per kg, marking a decline for three consecutive weeks.

The price went up 32.3 percent year on year, but the growth narrowed 6.1 percentage points from the previous week, the data showed.

China has tightened market oversight to ensure the market supply of pork, the country's staple meat, and rein in price hikes.

The country's hog supply in the second half of this year is guaranteed and hog prices will not increase continuously and substantially, Chen Guanghua, an official with the ministry said earlier. 

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter