China asks slaughter houses to help stabilise hog prices

📆 1/14/2023 6:28 PM
📰 ChannelNewsAsia

⏱ Reading Time:
8 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 66%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

SHANGHAI: China's top planning body has asked slaughter firms to increase commercial stocks of pigs to help revive market demand and drive up sluggish hog prices. The National Development and Reform Commission (NDRC) also said it would take timely measures, such as increasing meat reserves if needed to pro

SHANGHAI: China's top planning body has asked slaughter firms to increase commercial stocks of pigs to help revive market demand and drive up sluggish hog prices.

Participants at the meeting said hog prices had suffered rapid falls due to weak consumption and increased supplies, according to the statement.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China open to foreign firms' opinions, commerce ministry saysBEIJING : China's Commerce Minister Wang Wentao said China is willing to listen to the opinions of foreign companies including U.S. firms, a ministry statement said on Friday.In a video telephone call with U.S.-China Business Council president Craig Allen, Wang discussed bilateral trade and China's openin
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »