China’s pork prices hit fresh lows as a bleak demand outlook for the upcoming Golden Week holiday offered little relief to a sector grappling with excess supply and sluggish consumption, reported ADM Investor Services.
kAm“(9@=6D2=6 A@C< AC:46D H6C6 @? EC24< E@ C6249 E96:C =@H6DE =6G6= :? `g >@?E9D 2>:5 2? @G6CDFAA=J @7 >62E 2?5 H62<6C\E92?\6IA64E65 56>2?5] %92E DF886DED C646?E 8@G6C?>6?E 677@CED E@ 4FC3 AC@5F4E:@? 92G6 J6E E@ 362C 7CF:E] |:==:@?D 2C6 6IA64E65 E@ EC2G6=[ D9@A 2?5 5:?6 5FC:?8 r9:?2’D 6:89E\52J v@=56? (66< 9@=:52J DE2CE:?8 (65?6D52J[ H9:49 FDF2==J 3@@DED 64@?@>:4 24E:G:EJ 24C@DD E96 4@F?ECJ] qFE 2?J C6G:G2= :? 56>2?5 7@C E96 ?2E:@?’D >@DE H:56=J\4@?DF>65 >62E 2AA62CD =:>:E65 D:?46 H9@=6D2=6CD 2?5 C6E2:=6CD 92G6 J6E E@ F?56CE2<6 =2C86\D42=6 DE@4<A:=:?8 2D E96J EJA:42==J 5@ :? E9:D A6C:@5[” ps| x?G6DE@C $6CG:46D C6A@CE65]k^Am
