Pork prices today, January 31st: Prices in the North decreased to 78,000 VND/kg, while prices in the South increased slightly.
The live pig market on January 31st showed divergence, with prices in the North and Central regions continuing to fall by 1,000 VND/kg, while some provinces in the South saw a slight increase. Nationwide prices ranged from 75,000 to 79,000 VND/kg.
Today's live pig prices (January 31st) are showing a scattered downward trend in the North and Central regions, while the Southern market is beginning to show signs of a slight recovery in some localities. Currently, the national average live pig price remains stable at around 75,000 – 79,000 VND/kg.
Northern and Central Vietnam continue their downward adjustment trend.
In the northern region, live pig prices continued their downward trend, with a common decrease of 1,000 VND/kg. Specifically, Tuyen Quang, Cao Bang, Quang Ninh, Hai Phong, Ninh Binh, Dien Bien, and Hung Yen provinces all saw prices drop to 79,000 VND/kg. In Thai Nguyen, Lang Son, Lao Cai, Phu Tho, and Son La, prices also fell to around 78,000 VND/kg. Bac Ninh and Hanoi, however, maintained prices at 79,000 VND/kg.
The Central and Central Highlands markets also recorded slight decreases in some hotspots. Thanh Hoa, Nghe An, and Ha Tinh provinces all saw a decrease of 1,000 VND/kg, bringing the purchase price down to 78,000 VND/kg, 77,000 VND/kg, and 76,000 VND/kg respectively. Other localities such as Quang Tri, Thua Thien Hue, Da Nang, and Quang Ngai maintained stable prices around 77,000 VND/kg.
The Southern market is showing signs of recovery.
In contrast to the downward trend in the North, the Southern market saw slight price increases of 1,000 VND/kg in some localities. Notably, Dong Thap and Vinh Long rose to 77,000 VND/kg; Can Tho increased to 76,000 VND/kg. In other key localities, Dong Nai maintained its price at 78,000 VND/kg, while Tay Ninh and Ho Chi Minh City kept the price at 77,000 VND/kg.
Notably, An Giang and Ca Mau remain the two localities with the lowest prices in the region and the country, stable at 75,000 VND/kg. In general, the price range in the South is currently wider than in other regions, from 75,000 to 78,000 VND/kg.
Stable supply from large enterprises.
Despite localized market fluctuations, the pork supply is considered relatively stable thanks to contributions from large-scale livestock enterprises. For example, Hoa Phat Livestock Development Joint Stock Company is expected to produce over 380,000 commercial pigs (a 6% increase) and nearly 280,000 breeding pigs (a 40% increase) in 2025.
With the operation of 7 farms in key provinces and a total designed capacity of 750,000 pigs per year, the participation of large legal entities helps to mitigate price shocks. Analysts believe that in the short term, pork prices may adjust slightly but are unlikely to fall significantly due to high breeding costs and the expectation of stable consumption demand after the peak Tet holiday period.
