China-Singapore Jingwei Client, March 9th, according to the official website of Huachu.com, Huachu.com released on the 8th the "Notice on the Release of Central Reserve Frozen Pork on March 10, 2021", stating that the central reserve of frozen pork will be organized on March 10. A bidding transaction was launched, with a quantity of 10,000 tons.
Source: Huachu official website
The Sino-Singapore Jingwei client combed and found that the central reserve frozen pork traded on March 10 will be the ninth time this year, and the cumulative amount will reach 210,000 tons.
According to the monitoring of the Ministry of Agriculture and Rural Affairs, as of 14:00 on March 8, the average price of pork in the national agricultural product wholesale market was 38.64 yuan/kg, up 0.2% from last Friday.
Xin Guochang, the second-level inspector of the Bureau of Animal Husbandry and Veterinary Services of the Ministry of Agriculture and Rural Affairs, predicts that in the first quarter, the national pig slaughter will increase by about 40% compared with the same period last year. From the above point of view, pork prices will also decline year-on-year.
(Zhongxin Jingwei APP)