Live hog price in Vietnam increased slightly to 51,000 - 59,000 VND/kg on November 10, 2022

Published Nov 10, 2022

Tridge summary

Live hog prices in Vietnam fluctuate between 55,000 and 59,000 VND/kg in the North, 52,000 to 58,000 VND/kg in the Central - Central Highlands, and 51,000 to 57,000 VND/kg in the South. Despite a decrease in China's live hog price, high feed and input material costs, and the appreciation of the USD, Vietnam's meat and meat product exports increased by 4.9% in volume and 22.8% in value over the same period in 2021, with the majority exported to Asian countries, especially Hong Kong. However, the pork exported is still a small fraction of the total production output due to processing and market limitations, as the production cost of pig farming in Vietnam is high.

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

Original content

In the North In Hanoi, live hog price increased by 2,000 VND/kg to 57,000 VND/kg; in Yen Bai and Lao Cai provinces simultaneously increased by 1,000 VND/kg to 55,000 VND/kg; in Phu Tho province slightly increased by 1,000 VND/kg to 56,000 VND/kg; the remaining localities remained unchanged, in Hung Yen and Thai Binh provinces 58,000 VND/kg and 59,000 VND/kg, in Vinh Phuc, Ninh Binh, Tuyen Quang, Thai Nguyen, Bac Giang, Ha Nam, Nam Dinh provinces 55,000 - 56,000 VND/kg. Thus, the price of live pigs today in the North fluctuates from 55,000 to 59,000 VND/kg. In the Central - Central Highlands, the whole region has only Thanh Hoa province, the price of live hog increased slightly by 1,000 VND/kg to 55,000 VND/kg. In Binh Dinh province, the price of live hog decreased by 2,000 VND/kg to 54,000 VND/kg, in Quang Nam and Quang Ngai decreased by 1,000 VND/kg to 55,000 VND/kg; The remaining localities remained unchanged compared to yesterday, in Thua Thien Hue province, the highest price ...

Source: Vinanet