2020年CRI China sees major price hike of pork and fruits in June

 

Official data shows that pork prices have continued to rise during the first half of the year.

Pork was 50 percent more expensive last month than it was a year ago, indicating that the African swine fever epidemic¹ is taking a toll².

Zhang Junhua is a manager at Beijing's Xinfadi wholesale³ market.

He said the price surge is caused by a shortage of hog⁴ supply.

"The main reason is that the stock of hogs⁵ in the three provinces in the northeast has declined. The pork supply in the market has been at a comparatively low level so far this year."

Pork is the staple⁶ meat in China, and the country is the world's biggest producer and consumer of pork.

Bans on shipping⁷ pigs out of areas with outbreaks have caused shortages in major cities.

Aside from increasing efforts to control the spread of the decease, authorities are offering incentives⁸ to major hog producing areas to encourage a rebound⁹ in pig farming.

But it will take time before these efforts lead to lower prices in the retail¹⁰ market.

Xia Chenfeng is a market analyst¹¹ who is warning that pork prices will rise further due to the tight supply.

"In May, the nationwide stock of hogs declined by 22.9 percent compared with the same period last year. In June, the hog supply in pig production areas in the north tended to be tight, which affects sentiment among pig farmers, who tend to be reluctant to sell out. The hog supply will be tight. In the future, the hog price will keep continue its upward trend.

Food prices grew over 8 percent year on year last month, with the price of fruit hitting a record high 40 percent increase from last year.

Officials said that the rising price of certain fruits is a result of the heavy rain across large parts of southern China, which affected¹² picking and transportation.

A senior researcher at the Chinese Academy of Social Sciences, Xu Qiyuan, said that despite the rising food prices, China's CPI has been stable.

"The government work report earlier this year set China's target for consumer inflation growth at around 3 percent for this year. That's a key number. Currently the CPI is approaching the ceiling of 3 percent and is showing a stable trend, which is a positive signal."

The new batch¹³ of data released by the National Bureau of Statistics also showed that China's producer price index, which measures the cost of goods at the factory gate, rose less than one percent year on year in the first half.

The figure was flat in June from a year ago.

Market analysts¹⁴ attribute the tepid¹⁵ performance to a lack of effective consumption and rising uncertainty¹⁶ in global markets.

Some experts say that to bolster¹⁷ growth of the manufacturing sector¹⁸, China will put more effort into boosting domestic consumption for the rest of the year.

1 epidemic   

n.流行病；盛行；adj.流行性的，流传极广的

参考例句：

• That kind of epidemic disease has long been stamped out.那种传染病早已绝迹。
• The authorities tried to localise the epidemic.当局试图把流行病限制在局部范围。

2 toll   

n.过路(桥)费；损失，伤亡人数；v.敲(钟)

参考例句：

• The hailstone took a heavy toll of the crops in our village last night.昨晚那场冰雹损坏了我们村的庄稼。
• The war took a heavy toll of human life.这次战争夺去了许多人的生命。

3 wholesale   

n.批发；adv.以批发方式；vt.批发，成批出售

参考例句：

• The retail dealer buys at wholesale and sells at retail.零售商批发购进货物，以零售价卖出。
• Such shoes usually wholesale for much less.这种鞋批发出售通常要便宜得多。

4 hog   

n.猪；馋嘴贪吃的人；vt.把…占为己有，独占

参考例句：

• He is greedy like a hog.他像猪一样贪婪。
• Drivers who hog the road leave no room for other cars.那些占着路面的驾驶员一点余地都不留给其他车辆。

5 hogs   

n.（尤指喂肥供食用的）猪( hog的名词复数 )；（供食用的）阉公猪；彻底地做某事；自私的或贪婪的人

参考例句：

• 'sounds like -- like hogs grunting. “像——像是猪发出的声音。 来自英汉文学 - 汤姆历险
• I hate the way he hogs down his food. 我讨厌他那副狼吞虎咽的吃相。 来自辞典例句

6 staple   

n.主要产物，常用品，主要要素，原料，订书钉，钩环；adj.主要的，重要的；vt.分类

参考例句：

• Tea is the staple crop here.本地产品以茶叶为大宗。
• Potatoes are the staple of their diet.土豆是他们的主要食品。

7 shipping   

n.船运（发货，运输，乘船）

参考例句：

• We struck a bargain with an American shipping firm.我们和一家美国船运公司谈成了一笔生意。
• There's a shipping charge of ￡5 added to the price.价格之外另加五英镑运输费。

8 incentives   

激励某人做某事的事物( incentive的名词复数 )； 刺激； 诱因； 动机

参考例句：

• tax incentives to encourage savings 鼓励储蓄的税收措施
• Furthermore, subsidies provide incentives only for investments in equipment. 更有甚者，提供津贴仅是为鼓励增添设备的投资。 来自英汉非文学 - 环境法 - 环境法

9 rebound   

v.弹回；n.弹回，跳回

参考例句：

• The vibrations accompanying the rebound are the earth quake.伴随这种回弹的振动就是地震。
• Our evil example will rebound upon ourselves.我们的坏榜样会回到我们自己头上的。

10 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

11 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

12 affected   

adj.不自然的，假装的

参考例句：

• She showed an affected interest in our subject.她假装对我们的课题感到兴趣。
• His manners are affected.他的态度不自然。

13 batch   

n.一批(组，群)；一批生产量

参考例句：

• The first batch of cakes was burnt.第一炉蛋糕烤焦了。
• I have a batch of letters to answer.我有一批信要回复。

14 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

15 tepid   

adj.微温的，温热的，不太热心的

参考例句：

• She bent her mouth to the tap and drank the tepid water.她把嘴伸到水龙头底下去喝那微温的水。
• Her feet firmly planted on the tepid rough brick of the floor.她一双脚稳固地立在微温而粗糙的砖地上。

16 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

17 bolster   

n.枕垫；v.支持，鼓励

参考例句：

• The high interest rates helped to bolster up the economy.高利率使经济更稳健。
• He tried to bolster up their morale.他尽力鼓舞他们的士气。

18 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。