Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughterhouses today (August 9) is 3,231,
with 3,076 imported from the Mainland and 155 from local farms. The wholesale
price for live pigs ranges from $870 to $1,410 per 100 catties, with an average
price at $1,202, 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 (August 10) will be 4,000. There will be
a supply of some 100 live pigs from local farms tomorrow.
It is understood that there is a stock of 680 live pigs in the slaughterhouses.
Thus, the total number of live pigs available for auction tomorrow will be
4,780.
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, August 9, 2008
Issued at HKT 19:25
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