Supply decreased this week, causing pork prices to increase further to 15 yuan per kilogram.
According to the monitoring of the Ministry of Agriculture and Rural Affairs, on July 4th, the average price of pork in national agricultural wholesale markets was 20.58 yuan/kg, a 1.7% increase from the 20.23 yuan/kg on last Friday. This week's average price was 20.38 yuan/kg, a 0.7% increase from last week's average of 20.23 yuan/kg. Domestic pork prices continued to rise this week, with a week-on-week increase in average price. According to data from China's pig farming website, on July 4th, the price of live pigs was 15.31 yuan/kg, a 5.1% increase from the 14.57 yuan/kg on last Friday. In terms of the average price for the week, this week's average price for live pigs was 15.1 yuan/kg, a 4.4% increase from last week's average of 14.46 yuan/kg.
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