Pig prices on July 5 recorded a stable trend in all three regions, with no new fluctuations after many previous scattered declines. The market is temporarily sideways, reflecting that supply and demand have reached a short-term balance.
Pig price today
In the North, the price of live pigs today has not been adjusted compared to the previous session. Localities such as Hanoi , Hung Yen, Bac Ninh, Thai Nguyen, Tuyen Quang or Lao Cai all maintain the common level of 67,000 - 68,000 VND/kg. Hai Phong continues to be the locality with the highest price in the region, reaching 69,000 VND/kg.
However, the amount of pigs being sold is not large, mainly serving the needs of people's consumption. Wholesale transactions for production or export are still quiet, making the price recovery not yet clear.
The Central Highlands region continues to have the lowest price level in the country. Gia Lai maintained the lowest price of 65,000 VND/kg for three consecutive sessions. Provinces such as Quang Tri, Da Nang , Ha Tinh, Quang Ngai recorded prices around 67,000 VND/kg.
The price of live pigs in this area currently fluctuates from 65,000 to 68,000 VND/kg, about 2,000 VND lower than in the North and 3,000 to 5,000 VND/kg lower than in the South. The main reason is that the supply is abundant, while consumption in tourist cities has not increased again.
The South continues to maintain the best pork price level in the country. Ho Chi Minh City, Dong Nai, and Ca Mau maintain the highest level in the region, reaching 70,000 VND/kg. Provinces such as An Giang, Tay Ninh, Tra Vinh, and Can Tho are around 69,000 VND/kg; Vinh Long, Ben Tre, and Dong Thap fluctuate at 68,000 VND/kg.
The fact that prices have not fluctuated but are still maintained in the high areas shows that the livestock-consumption chain in the South is operating effectively, helping this region avoid the downward price trend like in the Central region.
Pig market stable, but input cost pressure remains high
The fact that pig prices are stable nationwide today is considered a positive sign. However, according to experts, the pressure from input costs such as animal feed and veterinary medicine prices is still very high, causing farmers' profits to not improve significantly.
Along with that, consumption demand at restaurant and supermarket chains has not yet had a breakthrough, slowing down expectations of a strong market recovery.
It is forecasted that next week, if there is no change in supply or purchasing power, the price of live pigs will likely continue to move sideways in the current price range. Supportive policies from businesses and localities are expected to support the market in the coming months.
Source: https://baolamdong.vn/gia-heo-hoi-hom-nay-5-7-mien-nam-duy-tri-muc-cao-nhat-381136.html
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