Reasons why the national market continues to decline

Việt NamViệt Nam17/10/2024


Pig price in the North today October 17, 2024

In the Northern region, the price of live pigs today, October 17, 2024, continued to decrease by 1,000 VND/kg in many localities and traded in the range of 64,000 - 65,000 VND/kg.

Specifically, the price of live pigs decreased by 1,000 VND/kg for the following provinces and cities: Bac Giang, Yen Bai, Phu Tho, Ha Nam, Vinh Phuc, Ninh Binh, Tuyen Quang.

The price of live pigs recorded in Hanoi, Hai Duong, and Hung Yen dropped sharply by 2,000 VND/kg to 64,000 VND/kg. The remaining provinces in the region also purchased at 65,000 VND/kg.

Latest live pig prices in the Central Highlands region

In the region, many provinces and cities remained stable, some provinces adjusted down 1,000 VND/kg in this morning's session. Accordingly, live pigs in the Central region are being purchased from 62,000 - 64,000 VND/kg.

Giá heo hơi hôm nay 17/10/2024: Nguyên nhân thị trường cả nước tiếp tục lao dốc

Specifically, Ha Tinh and Ninh Thuan provinces reduced 1,000 VND/kg to the same level of 63,000 VND/kg. Particularly, Dak Lak province reduced 2,000 VND/kg to the level of 62,000 VND/kg.

Giá heo hơi hôm nay 17/10/2024: Nguyên nhân thị trường cả nước tiếp tục lao dốc
In the Central Highlands region, the price of live pigs on October 17, 2024 recorded a decrease in most localities.

Pig price in the South today October 17, 2024

In the Southern region, the price of live pigs today decreased in the same direction as the whole country and fluctuated around 63,000 - 65,000 VND/kg.

Giá heo hơi hôm nay 17/10/2024: Nguyên nhân thị trường cả nước tiếp tục lao dốc
Pig prices in the Southern region on October 17, 2024 recorded a decrease in some provinces.

Specifically, the price of live pigs in Ben Tre returned to 62,000 VND/kg this morning. Tra Vinh province decreased by 1,000 VND/kg to 63,000 VND/kg.

The highest in the region are the provinces and cities: Binh Phuoc, Dong Nai, Binh Duong, Tay Ninh, Ba Ria - Vung Tau and Ho Chi Minh City, all trading at 65,000 VND/kg. The remaining localities trade at 64,000 VND/kg.

According to experts, the reason for the decrease in live pig prices is that recently, household farming has decreased, but on the contrary, large-scale farming has developed strongly. Thanks to this, up to now, the total pig herd in the country has recovered and the abundant supply has stabilized the market again.

According to the Ministry of Agriculture and Rural Development, over the past 10 years, Vietnam's livestock industry has maintained a growth rate of 5.72%, bringing the total number of pigs regularly present to over 30 million (providing about 5 million tons of pork, making Vietnam 5th in the world in terms of total herd and 6th in meat output). In addition, the poultry population reached 559.4 million, of which 102.7 million were waterfowl, ranking 2nd in the world after China.

Source: https://congthuong.vn/gia-heo-hoi-hom-nay-17102024-nguyen-nhan-thi-truong-ca-nuoc-tiep-tuc-lao-doc-352944.html


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