Press Releases

Estimated live pig supply

The number of live pigs arriving at slaughterhouses today (June 21) is 3700, with 3514 imported from the Mainland and 186 from local farms. The wholesale price for live pigs ranges from $1342 to $1789 per 100 catties, with an average price at $1601, 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 (June 22) will be 4100. 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 4200.

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, June 21, 2008
Issued at HKT 18:37

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