Although pork prices in China have reached their lowest point in more than a year and a half, stabilising the nation’s pork supply remains a challenge amid risks of a possible second wave of the devastating African swine fever, analysts say.

The wholesale price of pork, a staple food among Chinese households, has fallen for nine straight weeks, touching 33 yuan (US$5) per kilogram this week, which was close to the level in August 2019, according to data from the Ministry of Agriculture and Rural Affairs.

This round of declining pork prices is partly seasonal, with analysts noting that demand tapered off after the Lunar New Year holiday in February. But farmers rushing to sell their live pigs, after new variants of the African swine fever virus appeared in parts of China in recent months, also played a major role.
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