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2022

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08

Pork Prices Fall for Three Weeks

Source:

Based on the huge consumption in Chinese domestic market, China has played a vital role in the beef industry worldwide.

 

In the Beijing Xin Fadi market, the pork price reached a phased high in the past few months in early July, and then gradually dropped. Affected by the custom of "put on weight in autumn” at the beginning of Aug, the pork price fluctuated for a short time, but the overall price in Aug was lower than that in Jul. At the beginning of autumn, pork was 36 yuan/kg, but now it is 32 yuan/kg.

 

On Aug 12, the average wholesale price of pork in Beijing Xin Fadi market was 25.6 yuan/kg, down 7.75% from Jul 12. Xin Guochang, deputy director of the Animal Husbandry and Veterinary Bureau of the MARA, said that according to monitoring, the price of pork domestically has also dropped slightly for three consecutive weeks.