Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughterhouses today (May 23) is 3536, with
3179 imported from the Mainland and 357 from local farms. The wholesale price
for live pigs ranges from $1270 to $1690 per 100 catties, with an average price
at $1484, a spokesman for the Food and Health Bureau said.
Some live pigs had failed to arrive at Hong Kong on time as their relevant
customs clearance procedures were not completed. Therefore, the number of
imported live pigs was lower than expected.
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 (May 24) will be 3700. There will be a
supply of some 100 live pigs from local farms tomorrow. The total number of live
pigs available for auction tomorrow will be about 3800.
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/Friday, May 23, 2008
Issued at HKT 20:37
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