DNVN - On the morning of February 14, 2025, the price of live pigs remained the same as yesterday. At this time, the transaction price in the three regions fluctuated between 68,000 - 73,000 VND/kg.
Northern pig price
After maintaining the same price on the morning of February 13, the live hog market in the Northern region continued to maintain a stable state on February 14.
Currently, traders in this area are purchasing at prices ranging from 70,000 - 72,000 VND/kg. Of which, the highest price of 72,000 VND/kg was recorded in Phu Tho and Bac Giang. On the other hand, the lowest price in the region is 70,000 VND/kg, appearing in Lao Cai, Nam Dinh and Ninh Binh.
Pig price in Central Highlands
In the Central Highlands region, the market continues to be stable. The price of live pigs here is currently fluctuating in the range of 68,000 - 72,000 VND/kg.
Specifically, the lowest price in the region is 68,000 VND/kg, recorded in Quang Tri, Quang Nam, Khanh Hoa and Dak Lak. One level higher, the purchase price in Ha Tinh, Quang Binh, Hue, Quang Ngai, Binh Dinh and Ninh Thuan is currently at 69,000 VND/kg.
Southern pig price
The price of live pigs in the Southern region has not changed today. Currently, the price of live pigs here fluctuates between 70,000 - 73,000 VND/kg.
Dong Nai continues to lead the country with prices reaching 73,000 VND/kg. Meanwhile, Long An, Vinh Long, Kien Giang, Hau Giang and Bac Lieu provinces have the lowest prices in the region, remaining at 70,000 VND/kg.
Despite the lack of major market fluctuations, pig prices remain high as supply has not fully recovered. Although farms have been boosting herd rebuilding since late 2024, pig output has not yet met demand. The number of pigs supplied to the market has been lower than expected, contributing to keeping average prices high.
In addition, demand for pork after Tet remains stable. According to the Organization for Economic Cooperation and Development (OECD), pork consumption in Vietnam is forecast to reach 4 million tons in 2025, equivalent to an increase of 3.3% compared to 2024. Demand is mainly concentrated in supermarket systems, wholesale markets and restaurants, contributing to maintaining current prices.
In addition, the cost of raising and producing livestock has not shown any signs of cooling down. Although the price of live pigs has remained stable, the cost of production remains high. Factors such as the price of animal feed, veterinary medicine and transportation costs have all remained high, preventing the cost of raising livestock from falling significantly.
Director of the Department of Animal Husbandry Duong Tat Thang affirmed: "With the current herd, the shortage of supply is only localized," according to VietNamNet Newspaper.
According to the assessment of the livestock industry leaders, the demand for pork consumption before, during and after the Lunar New Year has increased by 15-20% compared to normal days. From rural areas to cities, households tend to store meat in the refrigerator for use.
In addition, at this time, the price of live pigs for sale is high. Therefore, both businesses and farmers want to sell pigs early before they reach 100 kg/head to optimize profits and meet market demand. This causes the total herd to decrease significantly. After Tet, when the number of live pigs reaches 100 kg/head - the standard level for sale, the shortage of goods has pushed prices up.
“Price increases or decreases are completely normal market rules,” said Mr. Thang.
The Director of the Department of Animal Husbandry emphasized that the supply of pork is still sufficient to meet domestic consumption demand. This price increase has no significant impact on the consumer price index (CPI).
According to Mr. Thang, the high pork price is unlikely to last long, because the total herd of more than 30 million pigs is still enough to meet domestic demand.
Experts in the livestock industry believe that pig prices will remain high in the short term, but not for long. When pig prices bring good profits, farmers will boost herd restoration. When supply increases again, pork prices will gradually cool down.
Hung Le (t/h)
Source: https://doanhnghiepvn.vn/kinh-te/gia-heo-hoi-ngay-14-2-2025-on-dinh-tren-ca-nuoc/20250214093627267
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