Pig price on January 2, 2025: Central and Southern regions continue to increase
The price of live pigs today, January 2, 2025, continues to maintain an upward trend in the Central and Southern regions, with prices ranging from 64,000 - 69,000 VND/kg. Meanwhile, the Northern region remains stable, with live pig prices trading in the range of 67,000 - 69,000 VND/kg.
Pig price developments in the North
In the North, Hanoi and Bac Giang are the two localities with the highest pork prices, reaching 69,000 VND/kg.
Provinces such as Yen Bai, Hung Yen, Thai Binh, and Ha Nam maintained the price at VND68,000/kg, while Lao Cai and Ninh Binh anchored at VND67,000/kg.
Pig prices increase slightly in the Central Highlands
The Central Highlands region recorded a slight increase, with the purchase price of live pigs ranging from 66,000 - 69,000 VND/kg.
Provinces such as Quang Tri, Quang Ngai, Binh Dinh, Khanh Hoa, and Quang Binh increased by 1,000 VND/kg.
Lam Dong leads with a price of 69,000 VND/kg, while Thanh Hoa, Nghe An, and Binh Thuan maintain at 68,000 VND/kg.
The South recorded a similar increase.
In the South, the price of live pigs also increased by VND1,000/kg, ranging from VND64,000 to VND69,000/kg. Dong Nai and Tay Ninh led the way with prices of VND69,000/kg, while Binh Duong and Ben Tre reached VND68,000/kg and VND67,000/kg, respectively.
Ho Chi Minh City and Vung Tau keep the price at 68,000 VND/kg.
In the days before Tet, the pig market becomes bustling with the participation of many traders. At the Ha Nam livestock and poultry wholesale market, hundreds of trucks and three-wheeled vehicles rush in and out, creating a bustling atmosphere of buying and selling. The demand for livestock and poultry at the end of the year increases sharply due to festivals and weddings, causing the supply to always be in a state of scarcity.
According to Mr. Nguyen The Chinh, Head of the Ha Nam Livestock and Poultry Wholesale Market Management Board, the amount of goods imported to the market is currently 800 - 1,000 tons/day, nearly double that of last month. Mr. Chinh affirmed that the supply of live pigs during Tet is still abundant, and there is unlikely to be a shortage. The increase in live pig prices helps farmers make a profit, and traders also have an advantage in selling their goods.
