Jonathan Fenby

Managing Director, China Team
+44 (0) 203 137 7261

Pigging Out

Further to my posting of 11 April about pork, the chart below shows the steady upward march of meat prices and how they counter-balance the drop in vegetables led by cabbage. This is not 2007. No reports of blue ear disease. But pork rib, the type of pork whose price is monitored by the NDRC, has been on a steady increase since last July after falling in 2009 and has been tracked by chicken meat and eggs. Meanwhile the supply blockages identified in our report last December persist.

Food prices, January 2009 – February 2011

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