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Chinese Beef Imports Maintain Pace

21 June 2013
Meat & Livestock Australia

CHINA - Chinese beef imports during April reached their highest level on record, with another 18 per cent rise from the past month, to 25,606 tonnes – up from only 1,374 tonnes in April 2012 according to data from Global Trade Atlas, China Customs.

Meat and Livestock Australia said that imports of Australian beef during the month remained strong, at 11,499 tonnes (compared to 492 tonnes in April last year), with China’s imports of Australian chilled beef accounting for 95 per cent of its total chilled beef imports, at 1,227 tonnes.

China imported 3,518 tonnes of chilled beef from Australia during the first four months of 2013, up from only 75 tonnes in the corresponding period last year, MLA said.

Imports of Uruguayan beef during April improved 67 per cent on the previous month, at 6,409 tonnes, with the volume of NZ beef lifting 33 per cent, at 5,670 tonnes.

Chinese red meat retail prices remained at high levels during May.

While boneless beef retail prices steadied over the past two months, they remain 34 per cent above May last year, at RMB 58.16/kg (A$9.80) (Ministry of Agriculture of the People’s Republic of China).

Bone-in sheep meat retail prices during May remained the same level as the past month, at RMB 60.92/kg (A$10.30), but prices were 22 per cent higher year-on-year.

In contrast, MLA said, boneless pork during May were down two per cent on the past month and 18 per cent lower than the start of the year, at RMB 21.79/kg (A$3.70).

Chicken carcase prices averaged RMB 15.29/kg (A$2.60) - down seven per cent on the past month and 16 per cent below the start of the year.

TheMeatSite News Desk

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