Pork Price of This Week

By CnAgri2013-06-06 10:15:09 Print Pork: On June 5th, in the pork wholesale markets of the 36 medium-and-large sized cities, the average price of pig carcass was RMB19.56Yuan/KG, up 3.93% compared with last week. For this week, the price of live hog was RMB13.79Yuan/KG, up 5.35% compared with last week. Prices for pork and live hog went on increasing steadily this week. Turnover price for llive hog increased recently influenced by pork reserves, spectulation of slaughterhouses and reluctance to sell of some breeding farmers. With coming of the Dragon Boat Festival, live hog market shall keep the up trend. According to BOABC, however, pork price still lacks momentum for considerable increase with loose supply condition. It is predicted pork price shall increase slightly in short terms. (Figure 2)




From “China Livestock and Feed Market Weekly Report”