Knowledge

To provide the latest market news and hold online & offline events to assist you being well-informed and making decisions.

15

2022

-

08

China’s Beef and Mutton 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.

 

According to the data from MARA, China’s beef wholesale prices in July show a stable and flat trend from 11.44 $ per kg to 11.62 $ per kg. China’s mutton wholesale prices in June show a slightly downward trend from 9.75 $ per kg to 10.03 $ per kg.

 

The beef and mutton market supply across the country is still abundant, and the market demand is stable. Throughout July, the national beef and prices showed a trend of steady decline.