Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughterhouses today (July 19) is 3617,
with 3491 imported from the Mainland and 126 from local farms. The wholesale
price for live pigs ranges from $850 to $1439 per 100 catties, with an average
price at $1121, 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 (July 20) will be 4000. There will be a
supply of some 100 live pigs from local farms tomorrow.
It is understood that there is a stock of 1479 live pigs in the slaughterhouses.
Thus, the total number of live pigs available for auction tomorrow will be 5579.
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, July 19, 2008
Issued at HKT 19:15
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