Offsetting Impact of Swine Flu: Releasing Reserves and Increased Importation
Oct 09, 2019
The price of pork sold in China increased significantly in 2019, especially from Mar. to Aug.
A total of 10,000 tons of reserve pork were released into the market on Sept. 26th, to fill the gap between demand and supply, bringing the total number of released reserves of pork to 30,000 tons.
The first batch of Argentine pork exports to China were approved, amounting to 300 tons.
On September 26, the Ministry of Commerce , together with the National Development and Reform Commission, the Ministry of Finance and other departments, released pork reserves onto the market, amounting to 10,000 tons of pork. This is the third time that the central government released pork into the market in September (the first two times were on 17th and 24th respectively).
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