BEIJING, July 14 (Xinhua) -- The pork will continue
to be expensive in the latter half of the year as supply shortfall can hardly be
eased in a short period of time, a senior Chinese trade official said Saturday
in an interview with Xinhua.
"If disasters or epidemics occurred, there would be
further price hikes in regions affected," said Huang Hai, Assistant Minister of
Commerce.
Pork wholesale prices polled by the ministry in 36
large and medium-sized cities averaged 18.57 yuan per kilogram on July 11, up
nearly 30 percent from the 14.25 yuan on May 11. The average retail prices for
lean pork has exceeded 22 yuan per kilogram.
The price of pork plummeted in the first half of
2006, and pig raisers slaughtered their sows and piglets to avoid further
losses, Huang said.
What aggravates the situation is the outbreak of
blue-eye diseases earlier this year in major pig production bases. As the
disease, also known as Porcine Reproductive and Respiratory Syndrome, often
causes miscarriage, many farmers feel reluctant to replenish their livestock
farms with more sows despite the price hikes.
The total live pigs in stock in May dropped 15
percent to 20 percent year-on-year while the sales of sows declined by 20
percent to 30 percent year-on-year in June, according to a joint survey made by
the National Development and Reform Commission, the Ministries of Agriculture
and Commerce.
Huang said that the rising global prices for corns
and feedstuff also increased pig breeding costs while floods might destroy roads
and indirectly hamper pork distribution.
"Normally, it will take half a year to complete a pig
breeding cycle and make more pork available on markets. That is why it's so
difficult to make a turnaround in supply-demand relations," Huang said.
To cope with the situation, the trade departments of
six provinces and municipalities including Beijing, Jilin, Tianjin, Shandong,
Shanghai and Henan have signed cooperation protocols on pork production and
distribution.
Huang assured the public that the government is
capable of securing pork supply. Local commerce, agricultural and economic
planning departments have been urged to stage an overhaul on local pork reserve.