# Pork prices in China are falling, despite attempts to build up stocks

> China's average live pig price fell 1.3% in the latest week, down 46% for the year, and pork prices also declined. The government plans to buy 10,000 tons of frozen pork for state reserves, its third such purchase this year, while soybean meal prices fell during the week.

- Date: 2023-12-05 · published 2023-12-05T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/32689-pork-prices-in-china-are-falling-despite-attempts-to-build-up-stocks
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Falling hog margins and lower pork demand point to weaker meal demand, while the state purchase offers only limited support to prices.

## Read by commodity

- SBM: bearish ▼
- HOGS: bearish ▼

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-svininu-v-kitai-padayut-popri-sprobi-nakopichiti-zapasi.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.