Fresh Pork Back In Markets, But Prices Jump

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-05-20 HKT 12:49

Share this story

facebook

  • Meat sellers say pork prices haven't gone up much, but some customers were not happy. Photo: RTHK

    Meat sellers say pork prices haven't gone up much, but some customers were not happy. Photo: RTHK

Markets in Hong Kong started selling fresh pork again on Monday, but customers said the prices had gone up by almost 40 to 50 percent.

The supply of fresh meat was cut off for around a week, after the city's two slaughterhouses were shut after African swine fever was found in a pig imported from the mainland. One of the abattoirs started slaughtering again from Sunday after it was disinfected.

But government officials said there were only about 2,900 pigs available on Monday morning, about 60 percent of the normal supply.

Meat sellers at Lok Fu wet market said wholesale costs had risen by 20 percent, and they claimed they would not increase their prices too heavily. They also said they had noticed little change in demand.

“It’s expensive. We increased the selling price only by a little, say like HK$80 increased to HK$88. We could not raise [prices] too much because our customers are mainly local residents,” said one seller.

But some customers felt that the pork on offer was too pricey.

“I spent HK$59. It’s a lot more expensive today – HK$12 more per catty. I wouldn’t worry too much about the safety, because [the slaughterhouse] has been disinfected thoroughly. I haven’t had pork for so long,” said one customer.

Another customer agreed. "The pork should be okay if they have passed inspections", she said.

RECENT NEWS

Is Hong Kongs Default Life Insurance Choice A Wealth Drain?

Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more

RedotPay Secures $107M Series B, Total Funding Hits $194M

RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more

91% Of Hong Kong Merchants Lose Revenue To Payment Friction

Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more

Do Kwon Faces Possible Trial In Korea After US Conviction

Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more

Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin

Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more

KakaoBank Expands In Indonesia Through Superbank Partnership

KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more