Live hog price today 4/6: Reducing further 1,000-4,000 VND / kg, June will have the first batch of live pigs

Published 2020년 6월 3일

Tridge summary

The article reports a decrease in the price of live hogs in southern Vietnam, with prices falling by 1,000-2,000 VND/kg, reaching 95,000 VND/kg in Dong Nai and 93,000 VND/kg in Ho Chi Minh City. The decline is attributed to an increase in live pig imports and a surplus of thin pigs, leading to difficulties in selling. Prices in western provinces range from 90,000-96,000 VND/kg, while in the central-central highlands and north, prices have also decreased by 4,000-5,000 VND/kg. Despite these decreases, pork prices in retail markets remain high, with demand decreasing due to high prices. The Ministry of Agriculture and Rural Development is considering importing live pigs from neighboring countries, with expectations for the first batch to arrive in June, in an effort to balance the pork market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of live hog in the South: simultaneously falling According to a quick survey of PV Dan Viet, the price of live hog today in many southern provinces continues to decrease. Reduction of 1,000 - 2,000 VND / kg of live hogs. The largest pig raising capital in the country, Dong Nai, is currently trading at VND 95,000 / kg, down VND 2,000 / kg from yesterday. In Ho Chi Minh City, the price of live hog also decreased by VND 2,000 / kg to VND 93,000 / kg. Yesterday, the number of live pigs imported into Hoc Mon market suddenly increased to 3,900 heads. Meanwhile, the average number of pigs back to the market was only 3,400-3,500 heads / day. The volume of pigs was high while the price of thin pigs was too high, from 110,000-130,000 VND / kg, causing difficulties for traders to sell. The price of live hog in the Western provinces is also on a downward trend. Mr. Khoi in Vinh Long said that the farms in the area are selling pigs for 90,000 - 92,000 VND / kg. The area of Soc Trang, ...

Source: Danviet