Pig prices in the South are downhill, the market shows positive signs

The price of live pigs today, November 22, in the Southern region decreased by 1,000 - 2,000 VND/kg, fluctuating between 49,000 - 53,000 VND/kg.

Pig price today November 22: Pig price in the South is going downhill, the market shows positive signs. (Source: Pinterest)

Pig price today November 22

* Pig price in the North today is "quiet".

In which, Hung Yen and Ha Nam provinces both traded at 51,000 VND/kg.

The remaining localities traded at 50,000 VND/kg and 52,000 VND/kg.

Pig price today in the North is around 50,000 - 52,000 VND/kg.

* The pig market in the Central and Central Highlands regions recorded no new fluctuations.

Specifically, live pigs in Lam Dong and Ninh Thuan were purchased at 51,000 VND/kg - the highest in the region.

Traders in other localities did not adjust prices.

Currently, the purchase price of live pigs in the Central and Central Highlands regions is around 49,000 - 51,000 VND/kg.

* Pig price in the Southern region decreased by 1,000 - 2,000 VND/kg.

Currently, the two provinces of Kien Giang and Soc Trang have both reduced the price by 1,000 VND/kg to 50,000 VND/kg.

At the same time of survey, Tra Vinh province adjusted down 2,000 VND/kg to 49,000 VND/kg.

Pig price in the Southern region today is around 49,000 - 53,000 VND/kg.

* On November 21, Vietnam Joint Stock Company adjusted the selling price of pork in the Northern market to 54,000 VND/kg, an increase of 3,000 VND/kg compared to yesterday; in the South, it remained stable at 52,000 VND/kg. This is a signal that the price of live pigs may continue to increase in the coming time.

In the Chinese market, the price of live pigs was also adjusted up by 1,300 VND/kg, to 50,600 VND/kg.

Commenting on the price of live pigs in the coming time, Mr. Nguyen Kim Doan, Vice President of the Dong Nai Province Livestock Association, said that at the end of the year, social demand increases, so pork prices may increase but not significantly.

The reason is that consumer demand this year will be less because people's income is not high. Along with that, market leading companies must also balance to ensure appropriate supply and demand, avoiding the phenomenon of high prices, consumers limiting spending or replacing with other foods.

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