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Pork Prices To Rebound In H2 - Analysts

CHINA PRESS

China’s pork prices will rebound in H2 as demand increases following several consecutive months of industry losses according to analysts interviewed by the 21st Century Herald. However consumer demand will not be enough to bring back excess profits recorded in 2022. In the near term, one analyst expects consumer demand to remain low, which will keep pork prices around CNY14/kg. Given current conditions, farmers should continue to sell pigs at normal weight, but also consider some secondary fattening when appropriate. (Source: 21st Century Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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