China accounts for almost half of the world’s consumption of pork. Photo: Reuters
China accounts for almost half of the world’s consumption of pork. Photo: Reuters

China launches hog futures on Dalian exchange after African swine fever triggers wild swings in pork prices, inflation

  • Contracts expiring in September and November fell by almost their 16 per cent limit on first day of trading, as did the contracts due January 2022
  • Breeders can capitalise on futures prices to arrange production plans and hedge against risks to stabilise price and shorten ‘hog cycle,’ CSRC says

China accounts for almost half of the world’s consumption of pork. Photo: Reuters
China accounts for almost half of the world’s consumption of pork. Photo: Reuters
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