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The number of live pigs arriving at slaughterhouses today (July 15) is 4,522, with 4,360 imported from the Mainland and 162 from local farms. The wholesale price for live pigs ranges from $850 to $1,558 per 100 catties, with an average price at $1,222, 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 16) will be 4,600. There will be a supply of some 100 live pigs from local farms tomorrow.
It is understood that there is a stock of some 120 live pigs in the slaughterhouses. Thus, the total number of live pigs available for auction tomorrow will be about 4,820.
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/Tuesday, July 15, 2008
Issued at HKT 19:29
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