China to sell 20,000 tonnes of frozen pork from state reserves on Jan 21

by Reuters
Monday, 20 January 2020 00:52 GMT

BEIJING, Jan 20 (Reuters) - China will release 20,000 tonnes of frozen pork from its state reserves on Jan. 21, according to a notice on the website for the China Merchandise Reserve Management Center on Monday.

The notice comes just ahead of the week-long Lunar New Year holiday, kicking off on Friday, when pork consumption typically spikes.

Beijing has released more than 200,000 tonnes of frozen pork from state reserves since early December to make up for a hit to market supply after African swine fever knocked out 21% of pork production in the world's top consumer last year. (Reporting by Muyu Xu and Vincent Lee; Editing by Himani Sarkar)

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