Nghe An: Near Tet, prices of goods and food increase slightly

At the pork stalls, many people are choosing to buy. The price of meat has increased by 15,000 - 20,000 VND/kg compared to 10 days ago. Photo: Thanh Phuc

Currently, at the traditional markets in Vinh city, there are many people coming to shop.Tet foodIn particular, markets such as Vinh market, Vinh train station market, Hung Dung market, Quan Lau market, etc. have seen a 50% increase in the number of people coming to buy and sell compared to normal days. The increase in purchasing power is mainly in fresh food groups: beef, chicken, fish, shrimp, etc.

Prices of livestock and poultry meat and sausages have increased by about 10-15% compared to normal days. Specifically: beef is currently priced from 260,000-280,000 VND/kg; pork 120,000-145,000 VND/kg; live chicken 120,000-140,000 VND/kg; pork sausage 160,000 VND/kg; beef sausage 250,000-300,000 VND/kg...; each type has increased from 15,000-30,000 VND/kg.

During Tet, livestock and poultry meat are chosen to prepare many dishes, so demand increases, consumption increases, and prices also increase according to market rules. Photo: Thanh Phuc

Ms. Tran Thi Mui, a pork trader atQuan Lau marketsaid: “Pork prices have increased for nearly a month now, in the past 3-4 days the price of pork has increased by 10,000 VND/kg, accordingly, the best quality pork is currently 145,000 VND/kg. Beef prices have increased sharply by 20-30,000 VND/kg due to the high demand for making beef jerky, sausages, beef rolls, beef shank in fish sauce... during Tet holiday”.

There were no changes in seafood products. Accordingly, cut mackerel is priced at VND250,000/kg, fresh squid is VND300,000/kg; shrimp is VND220,000 - 250,000/kg.

Seafood prices are stable, without much fluctuation, and purchasing power is also moderate. Photo: Thanh Phuc

Meanwhile, vegetables are quite cheap: mustard greens 5,000 VND/bunch; broccoli 7,000 - 10,000 VND/plant; tubers and fruits 10,000 - 15,000 VND/kg...

According to traders, the reason for the low prices of vegetables and fruits is due to favorable weather, people in vegetable growing areas in the province have boosted winter-spring crop production, so vegetable output has increased, supply is abundant, and prices are stable.

Unlike previous years, this year, due to favorable weather, farmers increased production in the winter-spring crop, so the supply was abundant and vegetable prices were quite cheap. Photo: Thanh Phuc

Ms. Nguyen Hai Ha (Hung Binh Ward, Vinh City) said: “The prices of food in the market have increased compared to ten days ago. This is a general rule of the market because during Tet, meat is still preferred to prepare many dishes for the tray compared to seafood. I find the Tet food market quite diverse, rich, easy to buy, easy to choose. Prices have increased but not dramatically, there is nothing to worry about.”

In thetraditional marketIn other areas in the province, as the Lunar New Year approaches, purchasing power gradually increases. Prices of food items also increase slightly. Most rural residents can proactively prepare many types of Tet food such as chicken, pork, vegetables, sticky rice, beans, etc., only buying a few essentials. In addition, they also shop for Tet early, from the beginning of December, so purchasing power increases but does not fluctuate much; prices of some items also only increase slightly.

At this time, the fastest-selling product group in supermarkets is fruit, up 50-70% compared to before. Photo: Thanh Phuc

At supermarkets, businesses are making every effort to keep prices at the most reasonable level to stimulate consumption. In particular, two groups of goods with strong purchasing power compared to last week are fruits and food products.

Betel nuts, royal bananas for incense and chrysanthemums of all kinds have doubled or even tripled their prices compared to normal days.

Bananas are currently sold for 100,000 - 120,000 VND/bunch, a nice bunch is from 250,000 - 350,000 VND. Photo: Thanh Phuc

“To help people shop conveniently for Tet, we assign specialized departments to coordinate with localities and businesses to closely monitor the supply and demand situation and the commodity market to promptly propose solutions to stabilize market prices. At the same time, coordinate with forces and localities to grasp the market situation and commodity prices to promptly handle any shortages or “escalating” prices…

Mr. Cao Minh Tu - Deputy Director of Nghe An Department of Industry and Trade