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China stockpiles pork reserves to stabilize market

This year's first stockpiling work for state pork reserves is underway.

17 February 2023
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China is to stockpile 20,000 tonnes of frozen pork to replenish state reserves, as an index monitoring pork prices has dropped below the warning level.

The index, the national average of pork prices against grain prices, has fallen below the warning level, according to the National Development and Reform Commission.

The commission said it would work with relevant departments to start this year's first stockpiling work for state pork reserves and guide local governments to purchase pork.

February 17, 2023/ Xinhua/ China.
https://english.news.cn

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