China’s pork imports in April jump 170% to record high

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BEIJING (Reuters) – China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

China imported 1.35 million tonnes of pork in the first four months of this year, surging 170.4% from the same period a year ago, after a plunge in domestic production kept prices much higher than other markets.

The deadly African swine fever disease has reduced China’s pig herd by at least 40%, slashing pork output and sending prices of the country’s favorite meat to record highs.

China has been buying from overseas markets, including the United States, where pork prices are among the cheapest in the world, and initially fell as infections with COVID-19 began spreading in the country, hitting demand.

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