China will auction an additional 10,000 tonnes of frozen pork
China plans to auction 10,000 tonnes of frozen pork from state reserves on 30 July.
27 July 2020
2 minute read
By: Reuters reports that the China Merchandise Reserve Management Centre announced the auction on its website on 27 July.
China has already sold more than 400,000 tonnes of pork from reserves this year to tame prices that have soared after the deadly African swine fever decimated the domestic pig herd. The upcoming auction comes shortly after a similar sell-off on 23 July.
