October 11, 2004

 

 

China's High Pork Prices Seen to Return to Normal Levels in Near Future
                 

An eFeedLink Special Report     
 

Below is an abstract of the report: China's High Pork Prices Seen to Return to Normal Levels in Near Future

 

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Pork prices in some regions of China have registered a fall of more than RMB1.0/kg in early October. A local newspaper in Chongqing city, south central China, said that fresh pork prices in the region dropped by RMB1.60/kg in early October compared with prices in September.

 

While some analysts expect pork prices in China to remain high until the end of the Chinese New Year celebrations in February 2005, others say that pork prices may recover gradually to normal levels in the near future. They attribute this to the Chinese central government's amendment of its "Pork Reserve Regulations" and lower aquatic product prices, among other factors. 

 

More contents in this 3-page report include:                

 

I     China's High Pork Prices Showing Signs of Normalization
 

II   China's High Pork Prices Expected to Normalize in the Near Future

• Demand for Poultry and Beef Products Expected to Return to Normal Levels
   
• Consumption for Aquatic Products Picks Up on Lower Prices
   
• Amendment of "Pork Reserve Regulations" to Regulate Pork Supply