On November 22nd, pig prices across Vietnam surged due to improved demand and supply fluctuations caused by weather conditions.
In the North, major livestock companies raised the price of Grade 1 pigs by VND 4,000 to VND 54,000 per kg compared to the beginning of the week. Grade 2 pigs also increased by VND 2,000, reaching VND 50,000 per kg.
The North Central region saw a VND 2,000 increase, ranging from VND 49,000 to VND 52,000 per kg. In the South Central region, Grade 2 pigs rose by VND 2,000 to VND 48,000 per kg, while Grade 1 pigs increased by VND 3,000 to VND 52,000 per kg.
In the Southeast, Grade 2 pig prices inched up by VND 1,000 to VND 48,000 per kg, while Grade 1 pigs climbed by VND 2,000 to VND 53,000 per kg. The Mekong Delta also saw adjustments: Grade 1 pigs rose to VND 52,000 per kg (up VND 1,000), and Grade 2 pigs to VND 48,000 per kg (up VND 2,000).
Rising farmgate pig prices help farmers turn a profit.
In neighboring markets, pig prices remained relatively stable: Yunnan, Guangxi, and Guangdong (China) at VND 41,000–46,000 per kg; Laos at VND 42,000–48,000 per kg; Thailand at VND 53,000–58,000 per kg; and Cambodia at VND 49,000–53,000 per kg.
Livestock companies attribute the price hike to improved consumption demand in many provinces, with trade resuming after prolonged rainfall.
Regarding the landslide on the Lam Dong pass causing localized congestion, traders noted that pigs from Lam Dong account for a small portion of Ho Chi Minh City’s supply. Despite transportation challenges, pigs from Lam Dong are still reaching the market via alternative routes, posing no significant pressure on the city’s supply.
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