Pork prices in China fall last week-Xinhua

Pork prices in China fall last week

Source: Xinhua

Editor: huaxia

2023-02-07 19:52:45

BEIJING, Feb. 7 (Xinhua) -- Pork prices in China declined in the week from Jan. 30 to Feb. 3, official data showed.

During this period, the average pork price tracked by the Ministry of Agriculture and Rural Affairs stood at 18.05 yuan (about 2.66 U.S. dollars) per kg, down 12.5 percent compared with the week from Jan. 16 to 20.

An index reflecting the national average of pork prices against grain prices came in at 4.96 to 1 during this period, falling below the warning level of 5 to 1, the National Development and Reform Commission said Monday.

The commission said it would work with relevant departments to immediately start the stockpiling work for state reserves and guide local governments to purchase pork.