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Pork prices continue to increase in China

Nation's pork prices continued to rise in June and the tightness of pork supply is predicted to be intensified in the second half of the year, said the Ministry of Agriculture and Rural Affairs on Wednesday. The average wholesale price of pork climbed 29.8 percent year-on-year to 21.59 yuan ($3) per kg in June mainly because of the influence of the African swine fever, according to Tang Ke, an official with the ministry. As hog production has been continuously declining since the fourth quarter of 2018, the pressure on pork supply has become heavier in recent months, leading to rises in the prices of beef, mutton, chicken and eggs.

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