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Pig Prices Soar: Latest Update for September 22 Reveals Continued Upward Surge - News Directory 3

Pig Prices Soar: Latest Update for September 22 Reveals Continued Upward Surge

September 23, 2024 Catherine Williams Business
News Context
At a glance
  • The price of live pigs has continued to increase sharply across all three regions in the country, with the Northern region trading at the highest price.
  • Last week, the price of live pigs in the Northern market increased sharply due to the impact of floods and rains, which caused heavy damage to many pig...
  • The purchase price in Hanoi has reached 70,000 VND/kg, the highest in the country.
Original source: vietbao.vn

Pig Price Today: Nationwide Survey Reveals Sharp Increase

The price of live pigs has continued to increase sharply across all three regions in the country, with the Northern region trading at the highest price.

In the North

Last week, the price of live pigs in the Northern market increased sharply due to the impact of floods and rains, which caused heavy damage to many pig farms and difficulties in transportation, resulting in a significant decrease in supply.

The purchase price in Hanoi has reached 70,000 VND/kg, the highest in the country. In the remaining provinces and cities, the price of live pigs has also increased by 1,000 – 4,000 VND/kg, to about 67,000 – 69,000 VND/kg.

In the Central Highlands Region

The purchase price of live pigs in the Central Highlands region has also increased by 1,000 – 3,000 VND/kg in many localities. Currently, the price of live pigs in this region fluctuates between 63,000 – 67,000 VND/kg.

Live pigs in Thanh Hoa and Nghe An are being sold at 67,000 VND/kg, a difference of at least 2,000 VND/kg compared to other provinces in the region.

In the Southern Region

Similar to the two regions above, the southern pig market also continues to rise in many provinces and cities.

Traders in Dong Nai and Binh Duong are purchasing live pigs at 66,000 VND/kg, the highest in the region. On the other hand, the 4 provinces of Kien Giang, Tien Giang, Bac Lieu, and Tra Vinh are trading at 63,000 VND/kg, the lowest in the region.

The remaining provinces and cities in the region have a buying and selling price difference of about 64,000 – 65,000 VND/kg.

Nationwide Survey Price

In general, pork prices are on the rise in all three regions, and this trend is likely to continue until next week. Currently, the nationwide survey price fluctuates between 63,000 – 70,000 VND/kg.

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