Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughter houses today (March 5) is 4143,
with 3618 imported from the Mainland and 525 from local farms. The wholesale
price for live pigs ranges from $1270 to $1800 per 100 catties, with an average
price at $1543, 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 (March 6) will be 3900. There will be a
supply of some 100 live pigs from local farms tomorrow. Thus, the total number
of live pigs available for auction tomorrow will be about 4000.
"The overall supply of live pigs in the past 10 days was in general stable, with
an average number of 4000 live pigs a day. The average daily auction price was
about $1300 per 100 catties. Figures in the past one month revealed that there
was in general a stock of live pigs available for sale in slaughterhouses the
next day, with one day reaching more than 4100 heads," the spokesman said.
He 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 was adjusted by the three live pig agents in accordance
with market demand. Pig buyers can go to both Sheung Shui Slaughterhouse and
Tsuen Wan Slaughterhouse to buy live pigs.
Ends/Wednesday, March 5, 2008
Issued at HKT 21:46
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