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The number of live pigs arriving at slaughter houses today (February 28) is 4087, with 3913 imported from the Mainland and 174 from local farms. The wholesale price for live pigs ranges from $1130 to $1450 per 100 catties, with an average price at $1289, 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 (February 29) will be 3800. There will be a supply of some 100 live pigs from local farms tomorrow.
It is understood that there is a stock of some 1400 live pigs in the slaughter houses. Thus, the total number of live pigs available for auction tomorrow will be about 5300.
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/Thursday, February 28, 2008
Issued at HKT 20:35
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