| China's pork prices begin to fall with live pigs on the rise |
| 2007-09-17 05:10 |
| From:Xinhua Article type:Reproduced |
CHENGDU -- Chinese Agriculture Minister Sun Zhengcai said on Saturday that pork prices have been declining since August, as the supply of live pigs was on the rise. The price of pork, the country's staple meat, had fallen to 18.98 yuan (2.53 U.S. dollars) per kilogram on September 5, down from 21.4 yuan (2.85 U.S. dollars) on August 9, representing a 11.3-percent drop within nearly a month, according to figures from the ministry. Live pigs in stock went up by 3.4 percent compared with the previous month, and pigs ready for sales reported a 9.9-percent increase year on year to reverse the declining trend recorded in July, according to Sun. The number of sows in stock nationwide rose 3.8 percent in August from a month earlier, which is 3.1 percentage points higher than the figure for July, said the minister at a pig production conference held in Chengdu, capital of southwest China's Sichuan Province. The blue ear pig disease, which caused pork supply shortage and fuelled price hikes in recent months, was gradually brought under control within the affected area, the minister said. He said cases of the outbreak of the blue ear pig disease were down by 52 percent in July from a month earlier, with pig deaths from the disease falling 36 percent over that for June. The disease still lingers in 14 Chinese counties, according to previous figure. Chinese officials repeatedly reassured the citizens that pork prices were unlikely to rise by a large margin in the long run, but admitted that short-term turbulence in the pork market could be "inevitable". |
| (Source: English Site of Department of Information Technology) |
 | China's pork prices almost double in 12 months 2007-08-15 05:09 |
| China's pork prices soar 74.6% 2007-07-17 05:39 |
| Ministry: China's pork prices continue to rise 2007-07-16 05:35 |
All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".
All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.
