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Economy

Pork prices in China lower last week

September 21, 2023


Abstract : China's pork prices logged a week-on-week decline during the week from Sept. 11 to 15, official data showed.

BEIJING, Sept. 21 (Xinhua) -- China's pork prices logged a week-on-week decline during the week from Sept. 11 to 15, official data showed.

The average price of pork in 16 provincial-level regions tracked by the Ministry of Agriculture and Rural Affairs came in at 21.31 yuan (about 2.97 U.S. dollars) per kilogram, down 0.9 percent from the previous week.

This figure also marked a 30.4 percent drop from the same period last year, according to the ministry.

Pork demand shrank during the period, leading to lower pork prices, according to the ministry.

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Keyword: pork

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