NDRC conducts second round of pork reserve destocking
China’s state economic planner the National Development and Reform Commission (NDRC) said the second round of pork reserve sale this year will kick off this week in order to “ensure supply and stabilize prices”.
NDRC said it will also increase the sales volume of national pork reserves “if necessary”.
NDRC started selling 37,700 tons of national pork reserves via state auctions last week. The volume this week is likely to stay unc...