SunSirs: The Pork Prices in Zhejiang Drop by 30 Percent
August 26 2025 09:54:37 SunSirs from CCTV Finance (lkhu)
Recently, a reporter learned from the Ningbo Agricultural and Side-Food Wholesale Market in Zhejiang that the wholesale price of fresh white pork is currently stable at RMB 9.3 per 500g, down 30.98% year-on-year, and the prices of some pork products have dropped to the lowest level in the same period in the past three years. At the same time, the daily sales volume of the wholesale market is 1,265.1 heads, an increase of about 20% year-on-year. Industry insiders say that pork prices have been on a downward trend since February this year. From the current situation, the main factor for the decline in pork prices is the oversupply. In order to promote the stable operation of the pig market, the National Development and Reform Commission will work with relevant departments to carry out the central frozen pork reserve purchase in the near future.
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