China to buy 40,000 t of frozen pork destined to its state reserves
Mar, 31, 2022 Posted by Gabriel MalheirosWeek 202213
On April 2nd and 3rd, China will purchase 40,000 tonnes of frozen pork to replenish its state reserves, said the country’s state planner in a March 31st statement.
This is the third time the country will make a similar purchase in 2022, said China’s National Development and Reform Commission, also commenting that it is unlikely that hog prices will continue to drop significantly.
The agency asked farmers to maintain stable reproductive capacity.
See below the track record of Brazilian pork exports to China in 2021. The data are from DataLiner.
Exports of Brazilian Pork (HS 0203) to China | 2021 | TEU
Source: DataLiner (click here to request a demo)
Source: Money Times
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