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Pork prices in China will continue declining next month, but at a slower pace than before due to the stockpiling of frozen pork, an analyst said on Thursday.
一位分析師周四表示,下個月中國的豬肉價格將繼續下降,但由於冷凍豬肉的收儲,下降速度比以前要慢。

Zhu Zengyong, chief pork industry analyst at the Ministry of Agriculture and Rural Affairs, said the pork market is expected to reach a balance of supply and demand sometime between the second half of this year and early next year.
農業農村部豬肉行業首席分析師朱增勇說,豬肉市場有望在今年下半年至明年初之間達到供需平衡。

Last week, the average purchase price of live pigs was 13.84 yuan ($2.21) per kilogram, a year-on-year decrease of 53.2 percent and down 1.7 percent from the previous month, according to the ministry.
據農業部稱,上周生豬的平均購買價格為每公斤13.84元(2.21美元),同比下降53.2%,比上月下降1.7%。

"The average price of pork is about 23.13 yuan per kg, while the highest in recent years hit 59.64 yuan in February 2020".
「豬肉的平均價格約為每公斤23.13元,而近年來的最高價格在2020年2月達到了59.64元。」

The current oversupply of pork has been caused by higher production and declining demand after the Spring Festival, he added.
他補充說,目前豬肉供應過剩是由春節後產量增加和需求下降引起的。

Chen Guanghua, deputy director of the ministry's animal husbandry and veterinary services bureau, said the live hog stock was 449 million by the end of last year, a year-on-year increase of 10.5 percent.
農業部畜牧獸醫服務局副局長陳光華表示,截至去年年底,全國生豬存欄量為4.49億頭,同比增長10.5%。

"These hogs will be slaughtered gradually from January to June this year, so the supply in the first half of this year will be at a high level".
「這些生豬將從今年1月到6月逐步屠宰,所以今年上半年的供應將處於較高水平」。

素材來源:china.org.cn


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