News
China exports less pork at higher price 17 Nov 2008
Pork exports by the Chinese mainland dropped in the first eight months.
This is mainly due to high pig raising costs, numerous raisers quitting and the ongoing impact from the May 12 earthquake in Sichuan province, which is a major pork producer.
Decrease in pork
Between January and August, China sold abroad 50,000 tonnes of pork for $170 million, a decrease of 52.4% and 15.6%, respectively, from the same period in comparison to last year, according to reports.
However, the average price of pork sky rocketed 77.4% to $3,400 per tonne.
Exports down
Of the total exports, 78%, or 39,000 tonnes, went to Hong Kong, down 33%, 4,868 tonnes to Kirghizia, down 20%, and 2,220 tonnes to Macao, down 31.3%.
It has been reported that about 72% of the total, or 36,000 tonnes were sold by private businesses, down 53.7%, 7,172 tonnes by foreign-funded companies, down 15.7%, and 4,141 tonnes by state-owned enterprises, down 76.7%.
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