On November 26th, piglet prices across Vietnam saw an upward adjustment by farmers and enterprises, particularly for Grade 2 pigs—a category in high demand following prolonged flooding.
In Northern Vietnam, Grade 2 piglets rose by VND 1,000 to VND 51,000 per kg. Grade 1 prices held steady at VND 54,000 per kg due to already elevated levels. Conversely, North Central Vietnam maintained Grade 2 prices at VND 49,000 per kg while Grade 1 increased by VND 1,000 to VND 53,000 per kg.
Southern Vietnam also experienced increases. In the Southeast region, Grade 2 piglets climbed by VND 2,000 to VND 50,000 per kg, with Grade 1 remaining at VND 53,000 per kg. The Mekong Delta saw a VND 1,000 rise for both grades, ranging between VND 49,000 and VND 53,000 per kg.
Piglet prices have been on a steady rise in recent weeks.
Traders attribute the continuous price hike over the past two weeks—totaling VND 5,000–6,000 per kg—to reduced supply from small-scale farmers affected by floods. Many were forced to sell early, depleting market availability. With diminished smallholder supply, large-scale farming companies have leveraged price adjustments.
Border markets like Laos and Cambodia reported sharp declines for Grade 2 piglets, while China experienced slight regional fluctuations. Thailand maintained the highest regional prices, ranging from VND 53,000 to VND 58,000 per kg.
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