China Hog: Soft post-holiday demand drags down prices (week ended Oct 9, 2020)
Hog demand shrank prominently over the past two weeks as slaughterhouses halted operation during the holidays. Sales of pork carcass in major wholesale centres plummeted over the week by 9.9%, from 6,094 tonnes to 5,490 tonnes. Prices of pork carcass were down 1.8% to RMB44.40/kg.
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