Meat retailers have called on the government to break Ng Fung Hong's monopoly of wholesale beef, as they expect a quarter of the 500 players in the business to go bust after the Lunar New Year as a result of rising prices.Tuesday, 1 January, 2013, 4:20am
Beijing yesterday cut petrol and diesel prices for the first time since July, threatening to reduce processing margins for refiners in the world's second-biggest oil-consuming nation.
The maximum at which petrol can be sold to motorists falls by 310 yuan (HK$385) a tonne and diesel by 300 yuan, the National Development and Reform Commission said on its website.17 Nov 2012 - 4:13am
The wholesale price of pigs has gone down but shoppers are still paying more at the market.
The savings are not passed on to consumers because retailers are paying more for transport, salaries and rent, Secretary for Food and Health York Chow Yat-ngok told lawmakers yesterday.6 Nov 2008 - 12:00am
No fresh beef will be available for sale in Hong Kong today, and the retail price of pork jumped more than 10 per cent yesterday.
The major livestock importer said bad weather had disrupted the supply of live cattle and pigs.17 Jan 2008 - 12:00am
The wholesale price of live pigs has risen slightly due to a shortage in the supply from the mainland, but there are no plans to increase the retail price.
The supply of live pigs has dwindled to a trickle. There were none for sale in two abattoirs in the New Territories yesterday morning.5 Jul 2007 - 12:00am
For the boys4 Mar 2007 - 12:00am
Pork vendors are hesitating to increase prices despite an 8 per cent rise in wholesale prices by importers.
The wholesale price for fresh pork from mainland farms has recently increased from around $850 for 100 catties to $920.6 Apr 2004 - 12:00am