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2 clusters · 10 sources · 8 days · First seen · Last updated

Vietnam pig prices trend downward

Overview

The Vietnamese pig market, previously stable between 57,000 and 60,000 VND/kg, has entered a period of volatility characterized by a sharp decline in late September and continued fluctuations into early October.

In Northern Vietnam, prices have faced downward pressure. Provinces including Lang Son, Quang Ninh, and Hanoi have recorded decreases of 1,000 VND/kg, with most locations trading around 56,000 VND/kg. Thai Nguyen and Hung Yen currently maintain the highest regional rates at 57,000 VND/kg.

In the Central and Highlands regions, prices have dipped further, with Quang Tri, Da Nang, and Quang Ngai reaching a national low of 55,000 VND/kg. In Southern Vietnam, Ho Chi Minh City remains a high-price outlier at 58,000 VND/kg, though price reductions in Dong Nai have impacted the national price ceiling.

These declining market conditions are approaching the cost of production for many farmers. When combined with rising feed costs, the trend has raised concerns regarding profitability, although there is anticipation for a market recovery during the year-end peak season.

Entities

Vietnam · SHFE · TOCOM · New York Stock Exchange · London Stock Exchange

Timeline

  1. [BUSINESS] 6 sources
    Vietnam commodity markets see coffee price drops and stable steel rates

    Vietnam's commodity markets report fluctuating coffee prices, stable pepper and rice rates, rising pig prices in the north, and steady steel prices alongside minor shifts in the USD exchange rate.

  2. [BUSINESS] 8 sources
    Vietnam pig prices remain stable between 57,000 and 60,000 VND/kg

    Vietnam's pig market remains stable, with prices ranging from 57,000 to 60,000 VND/kg. Northern provinces maintain the highest rates, while Central and Southern regions stay steady.

Sources

baolaocai.vn · cafef.vn · doanhnghiephoinhap.vn · giadinh.suckhoedoisong.vn · kinhdoanhvaphattrien.vn · nguoichannuoi.vn · thanhnien.vn · thoibaotaichinhvietnam.vn · thuonggiaonline.vn · vtv.vn

This summary has been updated 2 times: see revision history