December 10, 2003



Small Fluctuation Seen in China's Pork Prices During November


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In November, average pork price across China rose steadily, with prices in most areas undergoing some small fluctuation.


From early part to middle of the month, pork prices were on an upward movement. Prices moved up from RMB11.0/kg in early November to RMB11.4/kg in mid November. After that, prices were seen undergoing marginal downward movement. However, prices began to rebound from November 24 and within a week prices increased from RMB11.3/kg to RMB11.6/kg. Entering December, prices were on a downward mode.

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