AreaChina (Mainland)

Commodity GroupMeat

CommodityPig meat

Date22/06/2021

Policy CategoryProduction

Policy InstrumentPrice control

DescriptionLaunched a price monitoring system to mitigate against fluctuations in domestic pig meat prices through the National Development and Reform Commissions (NDRC). On 7 July 2021, the NDRC announced its intent to purchase frozen pig meat from the market, representing the second stage of NDRC’s price control mechanism, setting a floor price for pig meat.