The wholesale price of pork soared more than 35 per cent yesterday because of high demand, but traders say consumers will not have to shoulder the increase. The price jumped from HK$1,400 to HK$1,900 per 100 catties (about 60kg) in one day, but retailers were reluctant to shift the burden because they feared their businesses would be hit even further. 'The demand has grown stronger and the competition has become keen,' said Ling Wai-yip, spokesman for the Fresh Meat Alliance. 'Every buyer wants to stock up more to meet growing demand. That pushed the wholesale price of pork up by HK$500.' The number of pigs brought in and placed in various storage locations in Hong Kong was 4,170 yesterday, according to the Food and Environmental Hygiene Department. Of those, 499 were provided by local farms and the rest imported from the mainland. The number of pigs on Monday was 4,434. On Sunday it was 4,455, and 4,941 on Saturday. Mr Ling said restaurant demand usually rose during the winter. 'Buyers worry that they cannot buy enough stock so everyone offers higher prices in order to buy more,' he said. 'The price shot up today and it might go down tomorrow, as the supply is more or less the same. The price goes up only because of a surge in demand and buyers' strong sentiment to stock up more pork.' But Mr Ling ensured members of the public that the increase in wholesale price would not push up the retail price of pork at wet markets. Even so, 'retailers dare not shift the burden to consumers, as they worry it will affect their businesses', he said. 'They increased retail prices in the past few months, and business dropped quite significantly,' Mr Ling said.