Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughter houses today (February 16) is
3345, with 3211 imported from the Mainland and 134 from local farms. The
wholesale price for live pigs ranges from $855 to $1412 per 100 catties, with an
average price at $1200, 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 17) will be 3600. There will
be a supply of some 100 live pigs from local farms tomorrow.
It is understood that there is a stock of some 4100 live pigs in the slaughter
houses. Thus, the total number of live pigs available for auction tomorrow will
be about 7800.
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/Saturday, February 16, 2008
Issued at HKT 18:45
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