Pig price on February 24: Continued to increase, close to 80,000 VND/kg

Pork prices across the country continued to rise sharply on February 24th, setting record highs and approaching 80,000 VND/kg.

Pork prices nationwide are on an upward trend. (Illustrative photo: Phan Anh)

North

In the North, pork price Prices remained relatively stable, fluctuating between 71,000 and 73,000 VND/kg. Provinces such as Bac Giang, Hanoi, Hung Yen, Hai Duong, and Thai Binh recorded the highest prices in the region, reaching 73,000 VND/kg.

Central Vietnam - Central Highlands

The Central and Central Highlands regions witnessed a slight increase in live pig prices, with Lam Dong and Binh Thuan reaching 77,000 VND/kg, while Dak Lak and Ninh Thuan were at 75,000 VND/kg. Other localities in the region maintained purchase prices ranging from 71,000 to 75,000 VND/kg.

Southern

Market Southern live pigs Prices continued their rapid upward trend, reaching a peak of 78,000 VND/kg in Dong Nai, Ba Ria - Vung Tau , Vinh Long, and Ben Tre provinces. Other localities also adjusted prices upwards by 1,000 - 2,000 VND/kg, bringing the purchase price in the region to 76,800 VND/kg.

Updated nationwide pork prices on February 24, 2025. Source: Anova Feed

Causes and predictions

According to livestock experts, the main reason for the sharp increase in live pig prices is a localized supply shortage, while consumer demand has not changed significantly after the Lunar New Year holiday.

Forecasts suggest that live pig prices may exceed 80,000 VND/kg in the near future; however, it is unlikely to rise much higher due to the price difference between domestic and imported pork currently at 20,000 VND/kg, creating favorable conditions for imported pork to flood the market.

In other news, African swine fever is spreading rapidly in Ha Tinh province, with outbreaks reported in four localities: Cam Xuyen, Thach Ha, Ha Tinh city, and Huong Khe district. Since the Lunar New Year, more than 300 pigs have been culled due to infection. Authorities and local governments are focusing on implementing measures to prevent and control the spread of the disease.

The sharp increase in live pig prices, coupled with the complex developments of African swine fever, poses a major challenge for the livestock industry and consumers in the coming period.

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