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China is ready to store pork in state reserves, as the index that monitors pork prices triggered a second level alert.

In accordance with China’s work plan to stabilize the pork market, the country introduced a three-tier early warning system to warn of excessive rises and falls in pork prices.

The index, the national average of pork prices versus grain prices, hit 5.57:1 between January 24 and 28, remaining in the second-tier alert range due to declines. excessive for the third week in a row, according to the National Development and Reform Commission.

The commission said it will work with relevant authorities to start buying pork for state reserves when necessary and guide local governments to start pork stockpiling.

On Tuesday, February 8, the average price index for pork in 16 provincial-level regions registered by the Ministry of Agriculture and Rural Affairs was 21.88 yuan (about 3.44 US dollars) per kg, up 2 .2% less compared to the previous day.

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