Source: nld.com.vn
On December 30, in the Northern region, live pig prices were trading between 67,000 – 69,000 VND/kg. In the Central – Central Highlands region, prices fluctuate around 65,000 – 68,000 VND/kg.
In the southern region, no price adjustment was recorded, purchasing in the range of 64,000 – 68,000 VND/kg. Accordingly, Kien Giang, Tien Giang and Tra Vinh are the lowest purchasing provinces, with a price of 64,000 VND/kg. Other localities in the area trade differences at levels of 65,000 – 68,000 VND/kg.
In Ho Chi Minh City, retail pork prices are still increasing by 20%-30% compared to a week ago.
At Hoc Mon wholesale market, although the amount of pigs imported to the market each day has not decreased (about 350-450 tons/night, equivalent to 4,700-6,000 pigs/night), due to increased demand, the selling price has increased from 20 % – 30% for about 1 week now.
Specifically, spare ribs are currently sold for 180,000 – 190,000 VND/kg, pork belly is priced at 150,000 – 170,000 VND/kg…
At retail markets, pork prices are keeping high, such as spare ribs priced at 180,000 – 190,000 VND/kg, an increase of 30,000 VND; Pork belly and thigh meat also increased by 10,000 – 20,000 VND/kg.
The price increase of fresh pork products comes at a time when many businesses and establishments producing pork rolls, sausages, pickled pork ears, sausages, spring rolls… have to adjust their selling prices by 10,000 – 20,000 VND. VND/kg.
Under pressure from the general market to increase prices, the Ho Chi Minh City Department of Finance has approved businesses to stabilize the market from December 30 to adjust the price increase by 3,000 – 6,000 VND/kg for domestic pork products. Ho Chi Minh City market stabilization program.
Specifically, the price of pork is stable in the current market: lean shoulder and thigh is 166,000 VND/kg, cutlet is 147,000 VND/kg, pork thigh is 125,000 VND/kg, shoulder meat is 144,000 VND/kg… This price is guaranteed to be 5% – 25% lower than the average price of similar products on the market, meeting the program’s regulations.
According to the Ho Chi Minh City Department of Finance, due to increased demand for pork consumption at the end of the year while the lack of pigs of sufficient weight for slaughter has led to fluctuations in pork prices on the market in recent times.
