Slaughterhouse rules put brakes on China pork prices

A customer waits as butchers prepare pork meat at a market in Hong Kong on May 11, 2019. Picture: VIVEK PRAKASH / AFP

That is because Beijing has rolled out new rules requiring slaughterhouses and processing plants to test for the African swine fever virus, slowing down business at many facilities and denting demand. Some slaughterhouses have been selling off frozen pork ahead of inspections, said Pan Chenjun, senior analyst at Rabobank.

Some processors have also shifted to using more imported meat, Pan said, further pressuring domestic demand. She estimated China could have about 2-million tons of freezer capacity for pork.

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