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Estimated live pig supply

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The number of live pigs arriving at slaughterhouses today (January 30) was 3,648, with 3,482 imported from the Mainland and 166 from local farms. The wholesale price for live pigs ranged from $980 to $1,222 per 100 catties, with an average price of $1,129, 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 (January 31) will be 3,500. With a supply of about 100 live pigs from local farms, the total number of live pigs available for auction tomorrow will be about 3,600.

Generally speaking, the demand for live pigs just after the Lunar New Year holidays will be smaller than normal and live pig agents would import fewer pigs tomorrow for supplying the retail market on the following day, the spokesman said.

He 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/Friday, January 30, 2009
Issued at HKT 18:18

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12 Apr 2019