Swine fever sends China's pork prices, imports soaring - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Swine fever sends China's pork prices, imports soaring via SABCNewsOnline

China's pork industry has been left reeling from African swine fever, which has devastated its pig herd, sent pork prices soaring and forced the country to increase imports to satisfy demand.tears through China’s massive pig-farming industry, forcing the country to ramp up imports to satisfy demand — but analysts warn worse is yet to come.

“For now it’s the numbers that are falling. Then it will be production… and consumption will fall,” he said. To meet demand, Beijing has increased pork imports, with shipments from the European Union rising 37 percent between January and April, according to European Commission figures.China is only importing frozen pork and the meat is going to larger cities, said Jan-Peter Van Ferneij, who monitors foreign markets at the French Pork Institute.

 

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