Sino-Singapore Jingwei Client released an announcement on September 24th. Huachu.com.cn announced that Huashang Reserve Commodity Management Center Co., Ltd. will place a bidding transaction of 20,000 tons of central reserve frozen pork from the warehouse. The transaction time will be 13 pm on September 25, 2020. :00-16:00.

　　Source: China Storage Network 

　　According to statistics from the previous announcements of Huachu.com, the central reserve frozen pork traded on September 25 will be the 34th time this year, and the cumulative amount will reach 590,000 tons.

The last time it was put on September 18, the put amount was 20,000 tons.

　　According to the website of the Ministry of Agriculture and Rural Affairs on September 24, the recovery of pigs in August continued to improve.

The stock of reproductive sows in August increased by 3.5% month-on-month, which was an increase for 11 consecutive months and a year-on-year increase of 37%.

The pig inventory increased by 4.7% month-on-month and 31.3% year-on-year.

With the accelerated recovery of live pigs and the gradual improvement of pork supply and demand, prices have stabilized.

The production of other livestock and aquatic products continued to remain stable.

　　According to the monitoring of the Ministry of Agriculture and Rural Affairs, as of 14:00 on September 23, the average price of pork in the national agricultural product wholesale market was 46.77 yuan, a decrease of 1.1% from September 22.

　　According to the monitoring of the Ministry of Commerce, last week (September 14-20), the national market price of edible agricultural products dropped by 0.4% compared with the previous week, and the price of meat dropped overall. Among them, the wholesale price of pork was 47.03 yuan per kilogram, down 1.2%.

　　On September 16, Meng Wei, spokesperson for the National Development and Reform Commission, said at a press conference that the Mid-Autumn Festival and National Day are approaching. The National Development and Reform Commission will increase the amount of central frozen pork reserves to meet the needs of residents based on market supply. Consumer demand to ensure that pork prices basically operate smoothly.

(Zhongxin Jingwei APP)