Pig price today December 10, 2024: Price increases across the board

Pig price in the North

Today's live pig price (December 10, 2024) in the Northern region recorded price fluctuations in four provinces of Lao Cai, Thai Nguyen, Phu Tho and Thai Binh, all increasing by 1,000 VND/kg.

Currently, the price of live pigs in this area fluctuates from 62,000 - 65,000 VND/kg. In particular, Thai Nguyen and Thai Binh have the highest price of live pigs in the country at 65,000 VND/kg.

Pig price in Central Highlands region

Similarly, the price of live pigs today (December 10, 2024) in the Central Highlands region recorded a simultaneous increase in most provinces and cities.

Of which, Quang Ngai increased the price of live pigs the highest in the country by 2,000 VND/kg, bringing the price of live pigs in this province to 63,000 VND/kg, the remaining provinces all increased by 1,000 VND/kg.

Currently, the price of live pigs in the region continues to fluctuate between 61,000 - 64,000 VND/kg.

In which, Nghe An, Thanh Hoa, Lam Dong, Binh Thuan provinces have the highest pork price in the region, all reaching 64,000 VND/kg.

On the contrary, the provinces with the lowest pork prices in the region include Quang Binh and Khanh Hoa, both with prices of 61,000 VND/kg.

Pig price in the Southern region

Pig prices in the Southern region today (December 10, 2024) also recorded an increase like the Northern and Central Highlands regions.

Specifically, the provinces of Binh Phuoc, Dong Nai, Ho Chi Minh City, Binh Duong, Tay Ninh, Ba Ria - Vung Tau and Long An all increased by 1,000 VND/kg.

Currently, traders in this area are purchasing live pigs at a price of 61,000 - 64,000 VND/kg. Of which, Dong Nai, Ba Ria - Vung Tau, Long An and Can Tho all reached 64,000 VND/kg. Meanwhile, Hau Giang, Tien Giang and Tra Vinh have the lowest live pig price in the region at 61,000 VND/kg.

In general, the live pig market today, December 10, 2024, has price fluctuations in some provinces in the three regions. Currently, the live pig price nationwide is fluctuating between 60,000 - 65,000 VND/kg.

According to preliminary figures from customs, in the past 11 months, Vietnam has spent a total of nearly VND38,000 billion (US$1.55 billion) on meat imports, an average of about VND3,450 billion per month. Most of the supply comes from India, the US, Russia and Germany.

Among them, frozen pork and chicken are increasingly popular due to their significantly cheaper prices than domestic products. Statistics show that the price of imported pork ranges from 52,000 to 62,000 VND per kilogram, only about half the price of domestic pork, which is 80,000 to 180,000 VND per kilogram. Imported goods are prioritized by restaurants, eateries and industrial parks to reduce costs.

Mr. Nguyen Tri Cong, Chairman of Dong Nai Livestock Association, said that the signing of many free trade agreements in recent years has created favorable conditions for massive imports into Vietnam. More competitive prices and abundant supply have boosted demand for imported meat. In addition, the widespread African swine fever epidemic since the beginning of the year has reduced domestic meat supply, pushing up domestic meat prices, making imported meat an even more attractive option.

However, the increase in meat imports also poses many potential risks to food safety. According to the Department of Animal Health, from May to September, of the 6,679 imported meat shipments inspected, more than 1% were found to be contaminated with Salmonella bacteria (causing intestinal diseases) and were discarded. This shows that without strict control and monitoring measures, the risk to consumer health is very high.