Pork prices on April 3rd: Northern and Central regions recover, reaching a high of 68,000 VND/kg.
The live pig market on April 3rd showed signs of a slight recovery in the northern and central regions, while prices in the southern region remained stable after a series of consecutive declines.
Pork prices on April 3rd saw a positive shift, with a slight increase appearing in many provinces and cities in the North and Central regions. After a period of downward adjustment, the market began to find a new equilibrium point, with common trading prices ranging from 62,000 to 68,000 VND/kg.
The Southern market maintained stable prices.
In the southern region, downward price pressure has temporarily subsided. Key localities such as Dong Nai and Tay Ninh maintain the highest prices in the region at 68,000 VND/kg. Meanwhile, Ho Chi Minh City and Dong Thap continue to trade at 67,000 VND/kg.
Other areas such as Vinh Long recorded a price of 66,000 VND/kg. Localities including An Giang, Ca Mau, and Can Tho currently have lower trading prices, reaching 65,000 VND/kg. This sideways movement indicates that market sentiment in the South has stabilized after the previous correction.
Prices in the Central and Central Highlands regions edged up.
The Central and Central Highlands markets recorded a slight upward trend in some localities. Specifically, Thanh Hoa and Nghe An both adjusted upwards to 63,000 VND/kg. Ha Tinh followed closely with a price of 62,000 VND/kg.
In the South Central and Central Highlands regions, the prevailing price of pork is 64,000 VND/kg in provinces from Quang Tri to Gia Lai and Dak Lak. Khanh Hoa maintains a price of 65,000 VND/kg, while Lam Dong continues to lead the region with a price of 66,000 VND/kg.
Prices in the North recover, reaching 65,000 VND/kg.
The northern region saw the most significant recovery in today's trading session. Hung Yen reached 65,000 VND/kg, the highest price in the northern region. Localities such as Hanoi, Bac Ninh, Hai Phong, Quang Ninh, and Thai Nguyen all increased to 64,000 VND/kg.
Prices in other localities in the region fluctuated around 63,000 VND/kg. The simultaneous price increase in many provinces and cities indicates a gradual recovery trend, helping to narrow the price gap between regions.
Market trends in live pigs
The live pig market is gradually stabilizing after a period of significant volatility. The recovery in the North and Central regions shows positive signs regarding the potential balance between supply and demand. However, experts believe a strong upward trend is not yet clear in the short term. The market is expected to continue fluctuating within a narrow range as consumer demand has not yet seen a major breakthrough.
