Ji'nan: the price of pork rose by two yuan a week
News (reporter Wei Jie) "last week, we quoted a 12.26/ Jin, nearly two days in the price of more than 14.5 yuan / Jin." Pork seller Lee told reporters that meat prices rose sharply in the past two days, compared with last week, the retail price rose 2 yuan per catty.
reporters learned from the Ji'nan price bureau that after 16 consecutive weeks of decline, the prices of live pigs and pork continued to rebound, and the rebound momentum continued to grow. At present, hog prices have risen by more than 20% over the low level in April. Monitoring data show that in May 12th, the purchase price of live pigs in Ji'nan was 6.38 yuan / Jin, up 17.06% over the same period last week. The average price of pork lean pork and pork is 11.08 yuan and 9.7 yuan per catty respectively, up 8.73% and 8.38% respectively compared with the same period last week. The price increase of live pigs and pork has expanded to varying degrees compared with last week. "The reduction in supply is the main reason for the rise in pork prices." Zhuo Chuang information pig analyst said that pork prices continued to decline some time ago, and some farmers sold pigs. "Recently, the price of meat has gone up, and some farmers are reluctant to sell. They hope that the price will go up again, and the supply will lead to a rise in meat prices." He said that pork stocks in the Spring Festival were digested in three and April. Since the May 1, pork demand has increased, which has led to a rise in pork prices. At present, the price of pork is still in a sharp decline. The price trend is still fluctuating, but the overall price should be rising in the near future. Mr. Lee, who runs pork wholesale business for many years, also believes that pork prices have gone down for 4 months, and that the rise in meat prices is not surprising. "There is also a sharp decline in the number of sows, which may continue to rise in the near future."