Pork prices are now at their highest levels in some 3-years. 

 

Pork prices in 36 different cities in China have increased over 2-percent over this past week, despite an overall slowdown in pork consumption. 

 

Industry observers are suggesting this is mostly because of a shortage of pork suppliers in China. 

 

In response, share prices for listed companies with connections to the pork industry have been surging this month.

 

Share prices for companies involved in the pork industry have jumped over 60-percent over the past 9 trading days. 

 

Shares of Muyuan Food have hit the daily 10-percent limit over 8 of those days. 

 

Pork prices currently account for around 10-percent of the overall weighting of the Consumer Price Index in China.

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