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Hong Kong domestic pork production expected to be stable

According to FAS-USDA, domestic production in Hong Kong is expected to be stable, rising slightly to 140,000 MT (1,727,000 head) and 142,000 MT (1,732,000 head) in 2015 and 2016, respectively.

Tuesday 17 November 2015 (2 years 3 months 1 days ago)

According to FAS-USDA, domestic production in Hong Kong is expected to be stable, rising slightly to 140,000 MT (1,727,000 head) and 142,000 MT (1,732,000 head) in 2015 and 2016, respectively.

Although the wholesale price of live pigs in the first quarter of 2015 was below the comparable period last year, the average January – September prices are about 9 percent above 2014 prices.

Hong Kong consumption of freshly slaughtered pork is forecast to rise 1 percent over 2014 to 140,000 MT in 2015. For chilled/frozen products, Hong Kong imports (excluding re-exports) are projected to reach 355,000 MT in 2015, with a modest rise of about 2 percent compared to 2014. As re-export sales demand influences overall imports, sluggish re-export trade to mainland China in the early half of the 2015 has shown an upswing since July which may lift the overall pork imports in the second half of 2015.

November 2015/ FAS-USDA/ United States.
http://gain.fas.usda.gov

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