China pork imports to determine start of seasonal price rise

09.02.2017

The level to which China imports pork after the Lunar New Year will determine the start of the seasonal increase of the Rabobank Five-Nation Hog Price Index, Rabobank said in its Pork Quarterly Q1 report, as its Animal Protein analyst Albert Vernooij noted that “[a] lower-than-expected decline in imports will support prices in key exporting countries, while exchange rates remain the other important variable influencing prices.”

He added that the slow increase in global supply, supported by growing productivity and rising sow numbers” will also affect global prices.


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