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September 23, 2019

     

China's August pork imports rise 76%

 
 

China saw a 76% increase in August pork imports from the same month last year, data by the Chinese General Administration of Customs showed.


The country, already beleaguered by African swine fever outbreaks, brought in 162,935 tonnes of pork last month. However, the volume is also a drop from July's volume of 182,227 tonnes.


A year-long ASF epidemic has reduced the world's top pig herd by close to 40%, according to official data, pushing up meat prices to CNY41.9 (US$5.89) per kg (US$2.67 per pound) and driving the country's food price index to its highest since January 2012.


China's pork imports for the first eight months of 2019 were 1.16 million tonnes, up 40.4% from a year earlier.


Beef imports reached 130,619 tonnes, up 32%, bringing volumes for the first eight months to 980,334 tonnes, a 54% jump from a year ago.


Imports of chicken in August rose 51% to 67,074 tonnes, with total volumes so far this year at 483,743 tonnes, a 48% rise.


Meat imports are forecast to rise further, with the commerce ministry saying higher shipments and the release of frozen pork reserves would help ensure supplies.


- Reuters

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