BEIJING, April 22 (Xinhua) -- Pork prices in China continued to dip last week as supply increased and demand softened, official data showed.
From April 13 to 17, the average pork price index in 16 provincial-level regions tracked by the Ministry of Agriculture and Rural Affairs came in at 43.38 yuan (6.1 U.S. dollars) per kg, down 0.3 percent week on week.
The price retreat came as the government has been taking multi-pronged measures to boost supply, including releasing frozen pork reserves and expanding imports.
China has already released about 167,000 tonnes of frozen pork from state reserves after the Lunar New Year holiday, according to the Ministry of Commerce.
To soften the impact of the novel coronavirus outbreak, China has ramped up financial support, including subsidies and loans to major pig-producing counties to restore production. Enditem
