Fresh beef is set to become more expensive for Hongkongers. Photo: Shutterstock
Fresh beef is set to become more expensive for Hongkongers. Photo: Shutterstock

Hong Kong shoppers to pay more for fresh beef after key distributor raises wholesale price

  • Ng Fung Hong, city’s sole importer of mainland China’s live cattle, to raise prices on Thursday by as much as 8.1 per cent, to HK$5,710 per picul
  • Higher costs could put pressure on retailers to raise prices, with one butcher planning a 5 per cent increase next month

Topic |   Hong Kong economy
Fresh beef is set to become more expensive for Hongkongers. Photo: Shutterstock
Fresh beef is set to become more expensive for Hongkongers. Photo: Shutterstock
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