China News Agency, Beijing, December 21 (Reporter Wang Enbo) The National Development and Reform Commission of China disclosed on the 21st that in response to the recent rapid decline in domestic pig prices, the Price Department of the National Development and Reform Commission recently organized a video conference to listen to industry experts and some market participants. Institutional opinions, research and do a good job in ensuring supply and stabilizing prices in the market.
Experts pointed out that the recent rapid decline in hog prices is mainly due to factors such as weaker pork consumption than in previous years and an increase in hog supply at the end of the year.
Experts believe that China's hog production capacity is currently in an overall reasonable range, and there is no overcapacity. The weak market consumption is temporary, and farmers do not need to worry too much.
Experts suggest that farmers reasonably arrange the rhythm of production and operation, do not panic slaughter, and keep the production capacity of hogs basically stable; pork processing enterprises appropriately increase commercial inventory, expand market demand, and jointly promote the smooth operation of the hog market.
Previously, the National Development and Reform Commission had "sounded" the first-level warning of excessive pork price rises in October, and it fell back to the second level in mid-November.
With the recent further decline in the price of live pigs, the National Development and Reform Commission stated on December 16 that according to the monitoring of the department, the weekly average retail price of lean meat in 36 large and medium-sized cities in China rose by less than 30% year-on-year during the week from December 5 to 9. According to the relevant regulations, exit the early warning range of excessive price rise.
According to data released by the Ministry of Agriculture and Rural Affairs of China, the average price of pork in the national agricultural wholesale market has dropped from 31.87 yuan per kilogram (RMB, the same below) on December 1 to 27.87 yuan per kilogram on December 21, a drop of more than 12%. .
The National Development and Reform Commission emphasized that it attaches great importance to the work of ensuring supply and stabilizing prices in the hog market, and will continue to keep a close eye on market supply, demand and price dynamics, and take reserve adjustment measures such as purchasing and storage when necessary to promote the long-term healthy development of the hog market.
(use up)