China's pork prices continue to softenChristian Fernsby ▼ | December 3, 2019
Soaring pork prices in China continued to soften last week as the country rolled out multiple measures to stabilize hog production.
Food in China Chinese pork
Topics: China pork
This is the third consecutive week that the pork price index has retreated since the beginning of November.
The price retreat came as the Chinese government has been taking multi-pronged measures to boost supply, including increasing subsidies to restore hog production, releasing frozen pork reserves and expanding pork imports.
The ministry urged related departments to put great emphasis on restoring hog production and take various measures to ensure pork supply and stabilize pork prices for the coming New Year and Spring Festival holidays. ■