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2022

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08

China’s Pork and Egg Wholesale Prices in July

Source:

The following prices are close to retail prices in China, rather than the prices for domestic slaughterhouses. USD to CNY exchange rate is 6.7.

 

 

Note: The following prices are close to retail prices in China, rather than the prices for domestic slaughterhouses. USD to CNY exchange rate is 6.7.

 

China’s Pork and egg prices are higher this month.

 
According to the data from MARA, China’s pork wholesale prices in July show a slow upward trend from 3.66 $ per kg to 4.60 $ per kg. Pork prices are estimated to go up with the consumption increasing and start of school in the second half of year. However, the prices are unlikely to surge like the prices during the ASF period in 2019, but will run in a reasonable range.

 

Egg prices also show a slight upward trend from 1.41 $ per kg to 1.56 $ per kg. In July, Both supply and demand are good for egg prices, so it further increased. However, considering the multiple effects of inventory and weather factors in the early stage, there may be slight fluctuations, but the overall price in the later period showed an upward trend.