Press Releases
Estimated live pig supply
The number of live pigs arriving at slaughterhouses today (August 27) was 4,839,
with 4,605 imported from the Mainland and 234 from local farms. The wholesale
price for live pigs ranged from $950 to $1,449 per 100 catties, with an average
price of $1,207, 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 28) will be 4,200. There will be
a supply of about 100 live pigs from local farms tomorrow.
It is understood that there is a stock of 120 live pigs in the slaughterhouses,
so the total number of live pigs available for auction tomorrow will be 4,420.
The spokesman said 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/Wednesday, August 27, 2008
Issued at HKT 18:29
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