China to buy 13,000 tonnes of pork for state reserves on 14 July
A notice posted by the China Merchandise Reserve Management Center shows that China will purchase 13,000 tonnes of frozen pork for its state reserves.
China’s state planner said late last month that the central and local governments would start purchasing pork for state reserves for the first time since 2019 after a sharp drop in hog prices from January to early June.
A previous notice from the reserve management centre said China would buy 20,000 tonnes of frozen pork on 7 July.
Read also
Ukrainian farmers find off-spec grain cheaper than wood pellets for crop drying
Uzbekistan buys half of Kazakhstan’s grain exports
Zelenskyy urges Ukrainian farmers to expand processing for more profitable exports
Rapeseed becomes the most profitable crop for russian farmers
Logistics constraints will limit Ukrainian corn exports to the EU
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon