Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughter houses today (February 5) is 5034,
with 4497 imported from the Mainland and 537 from local farms. The wholesale
price for live pigs ranges from $1221 to $2200 per 100 catties, with an average
price at $1748, a spokesman for the Food and Health Bureau said.
According to the information provided by the Special Commissioner's Office in
Guangzhou, Ministry of Commerce, the estimated number of live pigs to be
imported from the Mainland for tomorrow (February 6) will be 1900. Together with
about 50 live pigs from local farms, the total number of live pigs to be
transported to slaughter houses tomorrow is about 1950.
Since the demand for live pigs during Lunar New Year holidays is usually lower
than normal, live pig agents will correspondingly import fewer pigs tomorrow and
the days after for supplying the retail market on the following day, the
spokesman explained.
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/Tuesday, February 5, 2008
Issued at HKT 20:43
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