ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Commodities

Japan's sheep meat import prices remain high despite coronavirus

Chinese demand grows, while Australian supply drops amid droughts and fires

Most of the mutton consumes in Japan is imported meat.

TOKYO -- Japan's import prices for sheep meat remain stuck at high levels, even as prices for many other types of meat coming from abroad are falling due to a slump in the food-service industry's sales amid the novel coronavirus outbreak.

Sheep meat import prices between January and February this year were up nearly 10% from the same period last year and at the highest level on record amid a tight supply-demand balance, as Chinese demand is expanding while supply from Australia, a major producer, is shrinking.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more