SHANGHAI -- China's pork prices surged again in August, as the government dips into national reserves to stabilize costs and ensure supply in the world's biggest consuming nation of the meat.
Staple's cost jumps over 50% since May on supply squeeze, demand recovery
A butcher cuts a piece of pork at a market in Beijing. © Reuters
SHANGHAI -- China's pork prices surged again in August, as the government dips into national reserves to stabilize costs and ensure supply in the world's biggest consuming nation of the meat.