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02

2022

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07

China’s Pork and Egg Wholesale Prices in June

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 pork wholesale prices in June show an prominently upward trend from 3.16 $ per kg to 3.60 $ per kg. Pork prices are estimated to go up with the consumption increasing 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 show a slightly downward trend from 1.51 $ per kg to 1.42 $ per kg. Because the domestic suppliers are taking cautious attitudes towards the higher transportation costs and that eggs are prone to rotten during the plum rain season.