Muyuan Foods is betting on an increase in live hog prices this year. Photo: AP Photo

China’s No 2 pork producer eyes expansion amid deadly outbreak of African swine fever

  • Muyuan Foodstuff expects live hog prices to rise to 20 yuan per kg from 11.6 yuan last year
  • Shares of the Shenzhen-listed company have risen 84 per cent this year
Topic |   China economy

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Muyuan Foods is betting on an increase in live hog prices this year. Photo: AP Photo
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