China to auction 20,000 tonnes of pork from its reserves on 4 September
China will auction a further 20,000 tonnes of frozen pork from its state reserves on 4 September, one week after its 28 August auction.
1 September 2020
2 minute read
By: Reuters reports that the auction was announced by the China Merchandise Reserve Management Centre on 1 September.
China, the world's top pork consumer, has already sold more than 500,000 tonnes of the meat from its reserves this year to help to cool high prices after a severe production shortfall due to ongoing outbreaks of African swine fever.
