Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughter houses today (January 30) is 4042,
with 3721 imported from the Mainland and 321 from local farms. The wholesale
price for live pigs ranges from $1,452 to $1,888 per 100 catties, with an
average price at $1,598, a spokesman for the Food and Health Bureau said.
As explained by live pig agents, transportation of live pigs is still difficult
due to the continuous heavy snowfall on the Mainland. Some pig transportation
trucks are still being stranded in highways and the date of arrival to Hong Kong
is difficult to predict. However, the three live pig agents will continue to do
their best to make alternative arrangements and try to source pigs from
Guangdong Province and other areas less affected by snowfalls with a view to
supplying live pigs to the market, the spokesman said.
According to the information provided by the Special Commissioner's Office in
Guangzhou, Ministry of Commerce, as affected by the bad weather, the estimated
number of live pigs to be imported from the Mainland for tomorrow (January 31)
will be 3500. Together with about 400 live pigs from local farms, the total
number of live pigs to be transported to slaughter houses tomorrow is about
3900.
The spokesman added that announcing the estimated live pig supply for the
following day could enhance information flow and transparency of the market.
Members of the public and traders could better understand the overall supply of
live pigs.
Noting that the estimated figures only served as an indicator, the spokesman
said the actual supply should be adjusted in accordance with market demand.
Ends/Wednesday, January 30, 2008
Issued at HKT 19:55
NNNN