Pork prices in August increased 46.7 per cent from a year earlier, according to data released by China’s National Bureau of Statistics, while live pig prices doubled in September from a year earlier, according to China’s Ministry of Agriculture. Photo: Reuters

China ‘working proactively’ towards launching live pig financial futures contracts as pork prices soar

  • The Dalian Commodity Exchange is moving closer to launching the type of financial contract in the world’s largest live pig industry
  • Pork prices in August increased 46.7 per cent from a year earlier, while live pig prices doubled in September from a year earlier
Topic |   China economy

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Pork prices in August increased 46.7 per cent from a year earlier, according to data released by China’s National Bureau of Statistics, while live pig prices doubled in September from a year earlier, according to China’s Ministry of Agriculture. Photo: Reuters
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.