ASF
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Broker and consultancy INTL FCStone estimated the imports of the country due to ASF.
BRAZIL, Sao Paulo. Chinese pork meat imports are projected to rise from 2.1 mill. t in 2018 to 3.3 mill. t in 2019 and 4.2 mill. t in 2020, due to the African swine fever (ASF) outbreak, broker and consultancy INTL FCStone said.
FCStone estimated during a commodities outlook conference in Sao Paulo that China’s pork meat production will fall to 38 mill. t in 2019 from 54 mill. t in 2018. It expects the Asian nation to take up to seven years to return to production levels near the 50 mill. t per year.
Source: Reuters | INTL FCStone