Pork prices in Northern Vietnam today, April 2nd, 2024
In the northern region, the price of live pigs today, April 2nd, 2024, decreased slightly and fluctuated between 59,000 and 60,000 VND/kg.
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| Today, April 2nd, 2024, the price of live pigs dropped sharply by 2,000 VND/kg. |
Accordingly, after a simultaneous price reduction, traders in Phu Tho, Vinh Phuc, and Tuyen Quang all reached 60,000 VND/kg, the same as in Bac Giang, Yen Bai, Hung Yen, Thai Nguyen, Thai Binh, Ha Nam, and Hanoi .
Other localities did not record any new price fluctuations, with the lowest price in the region, 59,000 VND/kg, recorded in Lao Cai , Nam Dinh, and Ninh Binh.
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| Pork prices in Northern Vietnam reversed course and increased slightly today, April 2nd, 2024. |
Latest live pig prices in the Central and Central Highlands regions.
In this area, today's live pig prices saw a slight increase within a narrow range, fluctuating between 58,000 and 61,000 VND/kg.
Accordingly, after a price increase, traders in Nghe An are now buying live pigs at 60,000 VND/kg, the same as in Dak Lak and Binh Thuan.
Also recording a price increase, traders in Quang Binh and Quang Tri are buying live pigs at 59,000 VND/kg, the same as in Thanh Hoa, Ha Tinh, and Binh Thuan.
Other localities did not record any new price fluctuations, with the highest price in the region, 61,000 VND/kg, recorded in Lam Dong.
Conversely, the lowest price in the region, 58,000 VND/kg, was recorded in Thua Thien Hue, Quang Nam, Quang Ngai, Binh Dinh, and Khanh Hoa.
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| Pork prices in Central Vietnam and the Central Highlands increased slightly today, April 2nd, 2024. |
Pork prices in Southern Vietnam today, April 2, 2024
In the southern region, today's live pig prices increased/decreased by 1,000 - 2,000 VND/kg in some localities and fluctuated between 59,000 - 62,000 VND/kg.
Accordingly, after a slight price increase, traders in Dong Thap are buying live pigs at 62,000 VND/kg, the same as in Dong Nai.
Conversely, after a price reduction, traders in Vinh Long are buying live pigs at 60,000 VND/kg, the same as in Binh Phuoc, Ho Chi Minh City, Tay Ninh, Long An, An Giang, Can Tho, Hau Giang, Ca Mau, Tien Giang, Bac Lieu, Tra Vinh, and Soc Trang.
The sharpest drop of 2,000 VND was recorded in Ben Tre, bringing the price of live pigs in that locality to 59,000 VND/kg, the lowest in the region.
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| Pork prices in Southern Vietnam today, April 2nd, 2024, fluctuated in opposite directions. |
Fluctuations in live pig prices (increases/decreases) on April 2, 2024, in various regions.
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Thus, the current price of live pigs nationwide fluctuates between 58,000 and 62,000 VND/kg, an increase of about 10,000 to 11,000 VND/kg compared to the same period last year. According to a report by the Ministry of Agriculture and Rural Development, the price index of livestock products (pigs) in the first quarter of 2024 increased by 0.02% compared to the same period last year, with a 3.37% increase in March 2024 alone.
Production becomes more economically efficient when the scale of production in small-scale households is reduced and large-scale livestock enterprises with closed-loop processes and lower production costs are developed. According to the livestock survey results as of January 1, 2024, the total number of livestock households nationwide decreased by 1.94% compared to the same period in 2023.
However, livestock farmers still need to closely monitor the market situation, and relevant authorities need to provide timely information and control the livestock situation in the locality. They should avoid increasing herds indiscriminately, which could lead to oversupply, sharp price drops, and losses.
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