Chicken eggs are being sold in Hanoi at super cheap prices, starting at only 1,500 VND each. Meanwhile, due to a shortage of supply, pork is being sought after by traders at sky-high prices.
Super cheap chicken eggs, only from 1,500 VND/egg
Recently, at traditional markets, online markets and on some streets in Hanoi, many people were surprised to see chicken eggs being sold at "unprecedentedly cheap" prices. According to Nguoi Dua Tin, instead of being priced at 2,500-3,000 VND/egg, chicken eggs are being sold everywhere for only 1,500-2,000 VND/egg.
Mr. Pham Van Thuan, a chicken farmer in Chi Minh Commune, Tu Ky District, Hai Duong Province, said that normally during the Lunar New Year, industrial parks, communal kitchens and schools are closed, leading to a backlog of eggs because the chickens continue to lay. After Tet, egg prices usually drop for a few days before rising again.
Since last year, egg prices have fallen to record lows, but sales are still very difficult, with no buyers. Many farmers are suffering from continuous losses.
Traders are buying pork at sky-high prices.
According to the Department of Animal Husbandry (Ministry of Agriculture and Rural Development), the pig herd is growing well. By the end of 2024, the total pig herd in our country will increase to 31 million, ensuring supply.
But in reality, pork supply is still in short supply, pushing prices up. Pork flowing into the market only meets 50% of demand, showing a large shortage of supply. In some provinces and cities, traders are hunting for live pigs at sky-high prices.
Currently, the price of live pigs has jumped to 70,000-73,000 VND/kg, even reaching 75,000 VND/kg at times; while before Tet it was 67,000-68,000 VND/kg.
Prices hit rock bottom, Vietnam could export 7.5 million tons of rice
Export rice prices in January and the first half of February this year continued to decline sharply. Data from the Vietnam Food Association showed that on February 14, the export price of 5% broken Vietnamese rice fell to $395 per ton, much lower than that of other Asian countries.
Vietnam's 25% broken rice exports also fell to $370/ton, $25/ton and $22/ton lower than Thailand and India, respectively, but still $2/ton higher than Pakistan.
Thus, Vietnamese rice prices have broken through the bottom of 2023-2024, close to the bottom of 2022.
Meanwhile, the Ministry of Agriculture and Rural Development calculates that it can export nearly 15.09 million tons of "golden grain" this year, equivalent to 7.54 million tons of rice.
Coffee prices suddenly return to historic peak, farmers earn billions
In the world market, coffee prices have increased sharply, reaching an all-time high. In the Vietnamese market, this “brown gold” commodity has also reached a historical peak, with farmers holding dozens of tons of goods and earning billions of dong.
In the coffee capital of the Central Highlands, the price of green coffee continues to increase, ranging from 132,000-133,000 VND/kg.
In Dak Lak, when the price of green coffee beans jumped to 133,000 VND/kg on the morning of February 13, Mr. Doan Van Hoan decided to sell nearly 30 tons, earning nearly 4 billion VND.
Chilean cherries flood the market at the beginning of the year, priced at over 100,000 VND/kg
Chilean cherries are being sold at super cheap prices in Vietnam. According to An Ninh Tien Te, cherries are being sold at surprisingly cheap prices on online markets, from only 125,000-170,000 VND/kg (depending on size). Sellers also offer additional incentives when customers buy in bulk from 3-5kg.
At some stores and markets in Thanh Xuan area (Hanoi), cherry prices range from 160,000-190,000 VND/kg.
Previously, Chilean cherries were often sold at quite expensive prices, averaging from 280,000-750,000 VND depending on the type.
After Tet, green-skinned grapefruit in Tien Giang and Ben Tre fell in price miserably.
Due to the impact of the consumer market, right after Tet, green-skinned grapefruit prices in Tien Giang and Ben Tre provinces dropped dramatically.
VOV reported that at this time, green-skinned grapefruit in Tien Giang and Ben Tre provinces, grade 1, is priced at around 10,000 VND/kg; grade 2 and grade 3 are priced at 5,000-8,000 VND/kg, down nearly 10,000 VND/kg compared to the traditional Tet holiday. Other traditional grapefruit varieties, such as Long Co and Nam Roi, are priced at only a few thousand VND/kg.
At this price, grapefruit growers do not make a profit, even suffer losses due to high costs of fertilizer, pesticides, and irrigation pumps.
Chayote prices fall, sales slow
On February 14, Mr. Ho Ngoc Tang - Chairman of the People's Committee of Quynh Lien Commune, Hoang Mai Town, Nghe An - told Tien Phong Newspaper that the sharp decrease in market demand has caused the price of chayote produced by local people to fall into a state of unstoppable decline and stagnation.
Although the price of chayote has dropped from 4,000 VND/kg to only 200-300 VND/kg, consumption is still low. Many gardeners cannot sell the fruit so they pick it and leave it in the fields.
Source: https://vietnamnet.vn/gia-trung-ga-sieu-re-thit-lon-duoc-lung-mua-gia-cao-chot-vot-2371702.html
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