China imported 76% more pork in August y/y

Pork imports to China in August were 76 percent higher than a year ago, according to Monday data from the customs office. The increase in imports is associated with lower supply in the internal market due to African swine fever (ASF). In August, China imported almost 163,000 tons of pork. It’s less than in July when over 182,000 tons of pork were bought.

In January-August, China imported 1.16 million tons of pork, over 40 percent more than in the same period in 2018. According to commentators, imports will continue to grow.

(PAP)