Trading around 63,000 VND/kg

Pork prices in Northern Vietnam today, September 6, 2024

In the northern region, today's live pig prices (September 6, 2024) remained stable across a wide range, trading in the range of 64,000 – 67,000 VND/kg.

Today's live pig prices in the Northern region (September 6, 2024) remained stable, following the general trend.

Specifically, traders in Lao Cai and Ninh Binh are buying live pigs at 64,000 VND/kg, which is the lowest price in the region.

Conversely, traders in Hanoi are buying live pigs at 67,000 VND/kg, which is recorded as the highest price in the region.

The remaining localities recorded live pig prices at 65,000 – 66,000 VND/kg.

Latest live pig prices in the Central and Central Highlands regions.

In this area, today's live pig prices are stable, fluctuating between 62,000 and 65,000 VND/kg.

Today, September 6, 2024, pork prices in the Central and Central Highlands regions remained unchanged.

Specifically, traders in Quang Tri, Binh Dinh, Khanh Hoa, Dak Lak , and Ninh Thuan are buying live pigs at 62,000 VND, which is the lowest price recorded in the region.

Pork price today, September 6th: Trading around 63,000 VND/kg

Conversely, traders in Thanh Hoa are buying live pigs at 65,000 VND/kg, which is the highest price in the region.

The remaining localities recorded live pig prices at 63,000 – 64,000 VND/kg.

Pork prices in Southern Vietnam today, September 6, 2024

In the southern region, today's live pig prices remained stable in all localities, fluctuating between 62,000 and 64,000 VND/kg.

Pork prices in the Southern region remained stable today, September 6, 2024.

Specifically, traders in Ben Tre, Binh Phuoc, Ho Chi Minh City, Tien Giang, and Tra Vinh provinces are buying live pigs at 62,000 VND/kg, which is recorded as the lowest price in the region.

Conversely, traders in Vung Tau, Binh Duong, An Giang, Can Tho, and Ca Mau are buying live pigs at 64,000 VND/kg, which is the highest selling price in the region.

The remaining localities recorded live pig prices at 63,000 VND/kg.

Overall, today's live pig prices remain stable nationwide. Currently, surveyed prices across the country range from 62,000 to 67,000 VND/kg.

The Ministry of Agriculture and Rural Development forecasts that from now until the end of the year, food prices in general and pork prices in particular will tend to stabilize due to abundant supply and stable demand thanks to the maintenance of domestic raw material prices.

Looking back at the price of live pigs since the beginning of the year, it can be seen that from January, the price of live pigs recovered (52,500 VND/kg) and tended to gradually increase, reaching its peak in June at 68,500 VND/kg.

From June until now, pig farming has tended to reduce herd sizes, so towards the end of July, the price of live pigs nationwide decreased by 0.4 – 1.6% compared to the average in June, but still remained high at 64,000 – 66,500 VND/kg, with some places and days even reaching over 70,000 VND/kg. At this price level, pig farmers are making a profit.

According to the Vietnam Livestock Association, in 2024, the price of live pigs in Vietnam will be about 12% higher than the average price of 2023. With an average price of around 62,000 VND/kg, farmers will achieve a profit of 1.5 - 2 million VND per pig when selling to the market. The reason for the increase in live pig prices is due to a decrease in supply, not an increase in market demand.

*This information is for reference only.

Source: https://congthuong.vn/gia-heo-hoi-hom-nay-69-giao-dich-quanh-muc-63000-dongkg-343729.html