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2022

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12

China’s Beef and Mutton Wholesale Prices in Nov

Source:

OIG+X

From the chart we can see that the wholesale price for beef and mutton in Nov showed an upward trend. The highest point for beef wholesale price was at USD 11.29/kg on Nov 28, for mutton at USD 9.69./kg on Nov 14.

From the chart we can see that the wholesale price for beef and mutton in Nov showed an upward trend. The highest point for beef wholesale price was at USD 11.29/kg on Nov 28, for mutton at USD 9.69./kg on Nov 14.

 

There were several factors that contributed to the rise of beef and mutton wholesale price, first, as the temperature dropped, the beef and mutton consumption rose. Also Chinese government’s new covid-19 policies which lessen the requirements for the 24-hour test encouraged more and more people went to the restaurant to eat rather than dine at home. And winter is the perfect season to eat Chinese’s favorite dish--hotpot.