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The number of live pigs arriving at slaughter houses today (March 5) is 4143, with 3618 imported from the Mainland and 525 from local farms. The wholesale price for live pigs ranges from $1270 to $1800 per 100 catties, with an average price at $1543, 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 (March 6) will be 3900. There will be a supply of some 100 live pigs from local farms tomorrow. Thus, the total number of live pigs available for auction tomorrow will be about 4000.
"The overall supply of live pigs in the past 10 days was in general stable, with an average number of 4000 live pigs a day. The average daily auction price was about $1300 per 100 catties. Figures in the past one month revealed that there was in general a stock of live pigs available for sale in slaughterhouses the next day, with one day reaching more than 4100 heads," the spokesman said.
He 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 was adjusted by the three live pig agents in accordance with market demand. Pig buyers can go to both Sheung Shui Slaughterhouse and Tsuen Wan Slaughterhouse to buy live pigs.
Ends/Wednesday, March 5, 2008
Issued at HKT 21:46
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