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.
calendar icon 1 September 2020
clock icon 2 minute read

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.

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