After the State Council’s July 12 general meeting, pork prices continued to fall and bottomed out on July 29. According to data from the Ministry of Commerce, during the week of August 8-14, the wholesale price of pork rose 0.1% from the previous week, the first increase in nearly half a month. The fact that the price of meat is high does not retreat has led to the strange phenomenon that “suppliers are afraid to take risks, slaughter wholesalers lose money, pork traders are only enough to protect the cost, and consumers cryâ€.
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