Pig price on March 6, 2025: Set a new peak, reaching 83,000 VND/kg

DNVN - The price of live pigs on March 6, 2025 continued to increase sharply across the country, with the South recording the highest level of 83,000 VND/kg.

Northern pig price

The price movement in the North has changed significantly. The price here fluctuates between 74,000 - 77,000 VND/kg.

Some provinces saw significant growth. Bac Giang, Yen Bai and Phu Tho witnessed the highest increase, with live hog prices all increasing by VND2,000/kg, reaching VND77,000/kg, VND75,000/kg and VND76,000/kg, respectively.

In addition, the price of live pigs in Lao Cai, Nam Dinh, Ha Nam, Vinh Phuc, Hanoi, Ninh Binh and Tuyen Quang also increased by 1,000 VND/kg.

Specifically, in Lao Cai and Ninh Binh, the price of live pigs reached 74,000 VND/kg, while Nam Dinh and Ha Nam reached 75,000 VND/kg. In Vinh Phuc, Hanoi and Tuyen Quang, the current price is 76,000 VND/kg.

Some localities have no changes compared to the previous day. In Hung Yen, Hai Duong, Thai Nguyen and Thai Binh, the price remains at 76,000 VND/kg.

Overall, the Northern market tended to increase slightly, with many provinces and cities recording positive adjustments.

Pig price in Central Highlands

The Central Highlands region witnessed a clear differentiation in price increases. The price range fluctuated between 74,000 - 82,000 VND/kg.

The two provinces with the strongest adjustments are Lam Dong and Binh Thuan, where the price of live pigs increased by VND2,000/kg to VND82,000/kg.

Other localities with a slight increase of VND1,000/kg include Ha Tinh, Quang Tri, Quang Nam, Quang Ngai and Khanh Hoa, with prices currently ranging from VND74,000 - VND76,000/kg. Ninh Thuan also adjusted the price up by VND1,000/kg, reaching VND80,000/kg.

Besides, some provinces in the region still keep stable prices compared to before.

Overall, the Central Highlands - Central region recorded local price increases, concentrated in the provinces of the Central Highlands and South Central Coast.

Southern pig price

The South continued to see prices increase evenly in many localities, with prices fluctuating between 80,000 - 83,000 VND/kg.

Dong Nai is currently the locality with the highest price in the region and nationwide, reaching 83,000 VND/kg after an increase of 2,000 VND/kg.

Besides, An Giang, Tay Ninh and Ba Ria - Vung Tau also have similar adjustments, with new prices of VND 80,000/kg, VND 81,000/kg and VND 82,000/kg respectively.

Some other provinces and cities such as Binh Phuoc, Ho Chi Minh City, Binh Duong, Tra Vinh and Bac Lieu have a slight increase of 1,000 VND/kg, pushing the price of live pigs in these localities to about 80,000 - 82,000 VND/kg.

Notably, many southern provinces still maintain stable prices at 80,000 VND/kg.

In general, the price of live pigs in the South on March 6, 2025 increased sharply across the country, with some localities reaching the highest level in the country.

Market assessment and retail pork prices

Experts say that the price of live pigs may continue to rise in the coming time due to high demand. If this trend does not decrease, some southern localities may record a price of 84,000 VND/kg in a short time.

At WinMart, after the adjustment at the beginning of the week, the price of Meat Deli chilled pork remains stable at 119,920 - 163,122 VND/kg. In particular, WinMart is implementing a 20% discount program for members. Of which, pork belly has the highest price, reaching 163,122 VND/kg, followed by lean meat at 157,520 VND/kg and boneless ham listed at 127,922 VND/kg.

At Ha Hien Fresh Food Company, pork prices have been adjusted in opposite directions. Specifically, lean meat increased by 7,000 VND/kg to 125,000 VND/kg, while the price of lard decreased to 80,000 VND/kg. Pork products at this unit are currently priced in the range of 80,000 - 191,000 VND/kg.

Mr. Le Xuan Huy, Deputy General Director of CP Vietnam Livestock Company, said that although household farming tends to decrease, industrial livestock enterprises still ensure supply to the market. Currently, many enterprises are increasing pork output to stabilize prices.

In addition, Mr. Huy also noted that if pork prices remain high for too long, consumers may switch to other foods, reducing demand for pork, thereby pushing prices down. In addition, imported frozen pork is also contributing to supplementing domestic supply, helping the market gradually cool down. According to forecasts, in the next 1-2 months, pork prices may decrease.

According to Deputy Minister of Agriculture and Environment Phung Duc Tien, the current price of live pigs has a significant impact on the consumer price index (CPI), accounting for 65% of the CPI structure of the food group. The high price of live pigs brings profits to farmers, but at the same time requires a balance between the interests of farmers and consumers.

"Localities need to encourage herd restoration in the direction of biosecurity, strictly control diseases, especially African swine fever and foot-and-mouth disease. In addition, it is necessary to promote breeding production to ensure supply, while enhancing digital transformation in the livestock industry, building a national livestock data system to manage and regulate the market more effectively," Deputy Minister Phung Duc Tien emphasized.

The live hog market is showing signs of slowing down in some areas after a period of strong growth. Although supply remains abundant thanks to large-scale livestock enterprises, consumption demand and pork import trends remain important factors to monitor.

According to experts, if there are no major changes in disease or supply, pig prices may gradually cool down from the second quarter of 2025. However, in the short term, the market is still affected by feed costs and piglet supply, two factors that determine production costs.

In the current context, farmers need to have a reasonable strategy for herd restoration, and proactively apply bio-secure livestock farming models to minimize risks from disease and price fluctuations.

Hung Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-heo-hoi-ngay-6-3-2025-xac-lap-muc-dinh-moi-can-moc-83-000-dong-kg/20250306083228010