# China intervenes to manage commodity prices | Reuters

> Chinese policymakers have been working to cool surging commodity prices, including coal, copper and other metals that have squeezed manufacturers' margins. The government has sold state reserves of coal, metals and imported corn, while buying pork to support a slumping hog market. The article provides a timeline of government actions since April.

- Date: 2021-08-04 · published 2021-08-04T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/45860-china-intervenes-to-manage-commodity-prices-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Chinese sales of state corn reserves add supply to the market, while pork purchases signal efforts to support hog prices and could affect feed demand. These interventions make Chinese feed and grain demand less predictable for global buyers.

## Read by commodity

- CORN: bearish ▼
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-07 | [China's Pig Prices Rebound in 2024 Due to Market Recovery and Government Intervention](https://feedsoft.ai/events/29749-china-s-pig-prices-rebound-in-2024-due-to-market-recovery-and-government.md) | +5.6% | -4.9% |
| CORN | 2021-09-23 | [China lowers 2021-2025 sow herd target, seeks to stabilise pork prices \| Reuters](https://feedsoft.ai/events/45062-china-lowers-2021-2025-sow-herd-target-seeks-to-stabilise-pork-prices-reuters.md) | +1.3% | +2.0% |
| CORN | 2025-06-11 | [China Nudges Pig Farmers to Restrain Supply After Prices Slump](https://feedsoft.ai/events/24184-china-nudges-pig-farmers-to-restrain-supply-after-prices-slump.md) | -0.5% | -4.1% |
| CORN | 2024-01-23 | [China to Encourage Hog Farmers to Reduce Capacity After Price Slump - Pork Business](https://feedsoft.ai/events/32125-china-to-encourage-hog-farmers-to-reduce-capacity-after-price-slump-pork.md) | -1.0% | -4.9% |
| CORN | 2025-08-07 | [China wants fewer pigs \| Reuters](https://feedsoft.ai/events/23299-china-wants-fewer-pigs-reuters.md) | -1.1% | +3.9% |
| HOGS | 2024-06-07 | [China's Pig Prices Rebound in 2024 Due to Market Recovery and Government Intervention](https://feedsoft.ai/events/29749-china-s-pig-prices-rebound-in-2024-due-to-market-recovery-and-government.md) | -0.3% | -2.2% |
| HOGS | 2021-09-23 | [China lowers 2021-2025 sow herd target, seeks to stabilise pork prices \| Reuters](https://feedsoft.ai/events/45062-china-lowers-2021-2025-sow-herd-target-seeks-to-stabilise-pork-prices-reuters.md) | +4.7% | -7.8% |
| HOGS | 2025-06-11 | [China Nudges Pig Farmers to Restrain Supply After Prices Slump](https://feedsoft.ai/events/24184-china-nudges-pig-farmers-to-restrain-supply-after-prices-slump.md) | +6.1% | +4.3% |

## Sources

- reuters.com: https://www.reuters.com/world/china/china-intervenes-manage-commodity-prices-2021-08-04/

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