Pork prices rose only 2.1 per cent in the first week of March from a year earlier, but in the first week of April, prices increased by 36 per cent. Photo: Bloomberg

China’s African swine fever crisis ‘very serious’ with stocks falling and pork prices set to hit all-time high

  • China has culled 1.02 million pigs since August, with a total of 129 cases discovered, according to the Ministry of Agriculture and Rural Affairs
  • But industry insiders say the real situation could be much worse, with one report suggesting China could lose 200 million pigs during the epidemic
Topic |   China economy

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Pork prices rose only 2.1 per cent in the first week of March from a year earlier, but in the first week of April, prices increased by 36 per cent. Photo: Bloomberg
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