China to release additional pork reserve to maintain price stability
China will release additional pork into the market from central reserves this week to ensure pork supplies and maintain stability in prices. This will be the second batch of pork released from the country's central reserves this year, according to the National Development and Reform Commission (NDRC).
The price of pork in China inched up 0.4% in August over July, contracting 25.2% over the previous month, official data showed.
The NDRC said it will pay close attention to market changes and increase pork release if necessary. Pig farms are advised to make proper arrangements and sell hogs at a normal pace.