Tridge summary
Live hog prices in Vietnam are fluctuating across different regions, with decreases in some areas and stability in others. The country's pork imports have significantly dropped both in volume and value compared to the previous month and year. This decrease in pork imports is attributed to weak demand. Despite challenges such as disease risks and high feed prices, large livestock enterprises remain optimistic, expecting improvements in the economy and meat consumption in the second quarter of 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Live hog prices in the North Specifically, in the provinces of Ninh Binh, Ha Nam, and Nam Dinh, live hog prices decreased by 1,000 VND/kg to 48,000 VND/kg. Similarly, in Phu Tho, Yen Bai and Lao Cai provinces, the price of live hog also decreased slightly by 1,000 VND/kg to 47,000 VND/kg. In the remaining localities such as Vinh Phuc, Hanoi, Tuyen Quang, Thai Nguyen, Hung Yen, Bac Giang, Thai Binh, live hog prices are flat, currently purchased at 48,000 - 49,000 VND/kg. Thus, the price of live hog today in the North is fluctuating in the range of 47,000 - 49,000 VND/kg. Live hog price in Central - Central Highlands Specifically, in Binh Thuan province, the price of live pigs dropped sharply by 3,000 VND/kg to 49,000 VND/kg. In Quang Binh and Lam Dong provinces, pork prices decreased slightly by 1,000 VND/kg to 50,000 VND/kg. In Thanh Hoa and Quang Ngai provinces, live hog prices also decreased by 1,000 VND/kg to 48,000 VND/kg and 49,000 VND/kg. The rest of the regions remain ...