China Live Hog Weekly: Slow, steady rise in prices (week ended Dec 22, 2016)
Increased production of cured meat and slaughterhouses' stock building lent support to the hog market. With supplies of hog sliding, weekly pork carcass volumes shrank 3.7% to 8,611 tonnes, lifting price by 0.61% to RMB22.97/kg. Hog prices climbed steadily as a result, up by 1% compared with the previous week.