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H2 Pork Price Increase Expected

CHINA PRESS
MNI (BEIJING)
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Pork prices should gradually increase in H2 given continued falls in production capacity, according to analysts at Sinolink Securities. The industry has seen a drop in newborn piglets which, combined with a rebound in demand, means prices will oscillate upward in May, said researchers at Everbright Securities. Hogs fetched an average price of CNY14.55 per kg in March, up 4.08% from February, and the slaughter weight of pigs has returned to normal levels, China Post Securities said. (Source: Yicai)

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Pork prices should gradually increase in H2 given continued falls in production capacity, according to analysts at Sinolink Securities. The industry has seen a drop in newborn piglets which, combined with a rebound in demand, means prices will oscillate upward in May, said researchers at Everbright Securities. Hogs fetched an average price of CNY14.55 per kg in March, up 4.08% from February, and the slaughter weight of pigs has returned to normal levels, China Post Securities said. (Source: Yicai)