Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughter houses today (February 6) is
2,224, with 2,108 imported from the Mainland and 116 from local farms. The
wholesale price for live pigs ranges from $1,168 to $1,524 per 100 catties, with
an average price at $1,293, 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 7) will be 1,200. Together
with about 100 live pigs from local farms, the total number of live pigs to be
transported to slaughter houses tomorrow is about 1,300.
Since the demand for live pigs during the Lunar New Year holidays will normally
decrease, live pig agents will correspondingly import fewer pigs during the
holidays 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/Wednesday, February 6, 2008
Issued at HKT 19:06
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