China will once again import pork to replenish central reserves
Other Frozen Pork Cuts
Meat
China
Published Jun 7, 2023
Tridge summary
China has announced that it will once again import pork to replenish its central reserves.
It is already the second batch of frozen pork this year to be purchased and stored in central reserves. China wants to use this to stabilize the domestic pork market. To that end, they have a three-tiered early warning system to raise the alarm about excessive rises and falls in pig prices. The index—the national average of pork prices versus grain prices—came just within its second-highest alert level between April 24 and April 28, the National Development and Reform Commission reported.
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Original content
China has announced that it will once again import pork to replenish its central reserves. It is already the second batch of frozen pork this year to be purchased and stored in central reserves. China wants to use this to stabilize the domestic pork market. To that end, they have a three-tiered early warning system to raise the alarm about excessive rises and falls in pig prices. The index—the national average of pork prices versus grain prices—came just within its second-highest alert level between ...
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