China announces auction of frozen pork from state reserves
China plans to auction 20,000 tonnes of frozen pork from its state reserves on 10 July.Reuters reports that the China Merchandise Reserve Management Centre plans to auction 20,000 tonnes of frozen pork on 10 July.
China has sold at least 370,000 tonnes of pork from its reserves so far in 2020 to bolster supplies after an outbreak of African swine fever decimated its domestic pig herd.