China will soon have to import more pork

China's Ministry of Agriculture expects pork prices in the country to rise before the next Lunar New Year (February). The many outbreaks of African swine fever (ASF) limit the supply.
The world's largest pork producer has taken various measures to limit the fatal viral disease for pigs.
The stock of pig herds in large production areas has stalled in the last two months, according to the ministry. The expected price increase will remain manageable, since the pig production in the country is sufficient.
China's hunger for pork is particularly high in the run-up to the New Year celebrations, as families gather for the most important holiday of the year.
Officially, since the beginning of August, nearly 40 outbreaks of ASF have been reported in ten provinces of the country. 50,000 animals had to be culled. In order to prevent the spread of the disease, the transport of live animals from remote areas in northeastern China was banned. Of these, 20% of all pig transports are affected.
As a result, pork prices in the eastern province of Zhejiang are currently at 18.32 yuan (1.82 euros) per kg, compared to a current national cost of 14 yuan.
Prices have not dropped for days, indicating that the ASF problem is not yet under control. Rabo Bank expects China to import more pork soon.

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