Pork seen at a butcher’s stall in Beijing’s market in July 2019.
As the epidemic intensifies in many parts of China, many people have stopped work and lost their jobs due to the epidemic, but prices have risen instead of falling. Pig prices in China have risen nearly 30% in the past three months, with complaints and rising food prices adding to the woes.
Pork prices in China have surged again recently. According to an article published by Huinong Commentary, a Chinese online media, pork prices rebounded in the second half of the year, and by the end of November, the stock of pigs had returned to 90 percent of previous years. Officials also expect pork supplies to be 30 per cent higher over the New Year and Chinese New Year than the previous year, so a price cut is inevitable.
Not really. Hog prices have reached about 36 yuan per kilogram, compared with 28 yuan per kilogram at the end of October. In just three months, hog prices have risen by 7.76 yuan per kilogram, or 27%. Based on the wholesale price of pork, it was 39 yuan per kg at the end of November, but by the end of December it had risen to more than 45 yuan, up 16%.
In addition, the price of mutton has risen sharply. By the fourth week of December last year, the wholesale price of mutton had risen to 83 yuan per kg, while the market retail price had exceeded 100 yuan per kg, and cooked mutton was more than 140 yuan per kg.
But the official Xinhua News Agency said prices were basically stable, while meat prices “rose and fell”.
Guangzhou residents de-li zhang on January 4, in an interview with radio free Asia, on the day he downstairs to a relatively inexpensive small supermarket saw pork prices: “my house downstairs is a small supermarket, I just went to see the way, the price of pork and pig bone is 69 yuan a catty, beef is 62 yuan a catty, you look at the price of the small supermarket now is what kind of price level.”
Liu Qin, a Beijing resident, said there is no food that has not gone up in price, making life worse for the people. The price of beef has also gone up, and so have vegetables. There are no dishes worth 2 yuan per jin, but Chinese cabbage has gone up by more than 1 yuan (2.5 yuan per jin). The common people are suffering more and more. First, there are no jobs. Second, prices are still rising.
Burenbayar, a herdsman in Tongliao, Inner Mongolia, told RADIO Free Asia that prices are rising for everything from crops to mutton: “The prices are rising now,” he said. “Rice there has gone up this year. Last year it was 70 cents more than a kilo. Sheep and cattle (whole) before (every catty) seven, eight yuan, now about ten yuan, more than a hundred catties of sheep to two thousand yuan, more than thirty thousand good cow.
This followed a Nov. 6 report by state broadcaster CCTV that pork prices, which had recently fallen, had risen in many places since mid-November 2020. As prices continue to rise, around the vegetable market pork stalls, and began to play the disturbance.
According to data from the Ministry of Agriculture and rural Affairs of the COMMUNIST Party of China (CPC), the weekly average producer price index for lean pork with white strips in 16 provinces was 37.43 yuan per kilogram in the 47th week of 2020 (Nov. 23-27), up 1.6 percent month-on-month. The average price of pork in China’s wholesale agricultural market on December 4 was 41.79 yuan/kg, up 0.9 percent from December 3.
Li Guoxiang, a researcher at the Institute of Rural Development at the Chinese Academy of Social Sciences, said that Africa’s plague was the main reason pork prices kept rising so much this time round, and That China’s production capacity had been severely damaged. By the end of 2020, China’s production capacity will be 10 to 20 percent lower than in normal years. It is estimated that in 2021, the price of pork may continue to maintain the trend of high fluctuation.
Recent Comments