Xinhua News Agency reports that according to Chinese analysts, pork prices in China will continue to rise due to supply problems caused by African swine fever. The average wholesale price for pork increased by 29.8% in June this year to CNY 21.59 per kg ($ 3.06). At the same time, the negative sway of the African swine fever became the main factor in the price increase, the Chinese Ministry of Agriculture said.
Affected by the pig-dangerous virus, breeding companies are investing more and more in monitoring and preventing African swine fever, which cannot but lead to higher pork prices, food industry analyst Dapeng Zhu said. The first case of African swine fever in China was recorded in August 2018 in the province of Liaoning in the north-east of the country. Since then, outbreaks began in dozens of other provinces across the country. From July 22 to 26, the price of unprocessed lean pork was CNY 25.34 per kg ($ 3.59) in an average of 16 provinces in China, which is 43.1% higher than the same period a year earlier.
Based on soyanews.info.
