China taps pork reserve as swine fever hits industry

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BEIJING - China will auction 10,000 tonnes of reserve pork this week, the commerce ministry said, in a bid to control the fallout from an outbreak of African swine fever that has sent prices soaring a

nd hit supplies of the meat ahead of a key holiday.

In a statement published on its website Tuesday night, a state-owned company that handles the reserves said it would auction off imported frozen pork from countries including Denmark, Germany, France, the United States and Britain.The decision comes ahead of a week-long national holiday and celebrations for the 70th anniversary of the founding of the People's Republic of China on October 1.

The price of pork in China jumped 46.7 percent on-year in August, official data showed last week -- prompting authorities to say they would dip into strategic meat reserves.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 5. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines