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China: Pork prices still climbing

Pork prices in China rose to a record high of 26.22 yuan ($4.1 yuan) a kilogram last week, according to figures from the Ministry of Commerce.

13 September 2011
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Pork prices in China rose to a record high of 26.22 yuan ($4.1 yuan) a kilogram last week, according to figures from the Ministry of Commerce.

Many private pig farmers have been getting out of the business, and large-scale raisers are unable to meet demand.

Pork prices in July were almost 57 percent higher than a year earlier, helping push the consumer price index to a 37-month high of 6.5 percent.

China Daily/ China.
http://usa.chinadaily.com.cn

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