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Pork Prices To Remain Under Pressure In Q2

CHINA PRESS

Chinese pork prices will likely remain under pressure in Q2 due to strong supply and weak demand despite February’s CPI data showing an end to a nine-month consecutive fall, largely driven by holiday effects, according to industry analysts. Major producers are expecting to accumulate losses and drive a reduction in capacity amid tight cash flows and rising debt-to-asset ratios. (Source: Yicai)

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

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