China Live Hog Weekly: Prices fail to sustain recent rebound (week ended Jul 28, 2016)
Demand for pork was exceptionally weak as consumers cut intake while prices were high. Although pork carcass volumes decreased 2.55% to 7,682 tonnes in major wholesale centres, prices dipped further by 0.41% to RMB24.05/kg. Hog prices slid in tandem, losing 1.6% on average.
