Tuesday , April 20 2021

Stable price of pigs increases Finance – Business



Specifically, the price of pigs stabilized in Ho Chi Minh City is adjusted to increase the actual cycles cause many questions.

The pork is slightly reduced, the prices of meat remain calm

Pork price trends

On 7 June, the pork prices of companies participating in the stabilization program were adjusted from 1,000 to 5,000 kg / kg VND. The price of steam in the southeast of 47,000 to 50,000 VND / kg. New increase: thighs at 95,000 VND / kg, shoulder meat 91,000 VND / kg, tricycle turkey 112,000 VND / kg, 90,000 VND / kg old vans, 87,000 VND / kg.

On 11 October, pork companies involved in stabilizing the price increase from 1,000 to 7,000 VND / kg. Breed market price 53.000 – 54.000 VND / kg. New price: Pork meat sold in VND107, 000 / kg, meat from shoulder to 95,000 kg / kg, VND101,000 / kg in cube, VND97,000 / kg for slices and VND119,000 / kg for thin meat VND 122,000 / kg.

Prices of live pigs from 50,000 to 52,000 VND / kg on November 6, retail prices remained stable.

The average price of steam in the country turns around 50,000 VND / kg. The price of meat on the wholesale market is about 67,000 to 68,000 VND / kg, as the price of lunch is reduced. Nguyen Thi Hong Tham, director of An Ha Service Limited (HCM city), said: The price of pigs fell slightly last month, and currently retailers are buying pigs from neighboring provinces to kill bases. The company's cost is about 50,000 – 51,000 VND / kg, and in some places good pigs can be purchased up to 52,000 VND / kg. The recent drop in pig prices can be the result of the psychology of many small farmers, fears of illness should be sold to avoid risks.

Interestingly, the price of pigs is slightly reduced, HCMC has raised the price of pigs to stabilize the market. Namely, from 11.10, the Department of Finance adjusted the cost of pork from 1,000 to 7,000 VND / kg. For sale pork price stabilize, pork prices are high. Specifically: small chips, sloping thighs at 114,000 VND / kg, filet 135,000 VND / kg, skin fat 112,000 VND / kg, backs 135,000 VND / kg, 198,000 VND / VND 122,000 / kg … On traditional markets prices of pork liver maggots ranges from 3,000 to 5,000 VND / kg around the stabilized price.

The above-mentioned evidence suggests that the market stabilization program does not enter the market. Even in some cases, the basis for units based on that basis for profitability.

Meanwhile, in the northern area, Mr. Giang Van Quang, a salesman in the Van Giang market (Van Giang, Hung Yen), said the price of pigs was almost 41,000 – 45,000 / kg for a week in the state is much lower than the peak in May and June from 54,000 to 55,000 kg / kg. Namely, the price of pork was cut off from 55,000 to 56,000 VND / kg delivery per piece from 58,000 to 59,000 VND / kg. In the Vien Giang market, the retail price of pork is only 60,000 VND / kg; but meat from 58,000 to 59,000 VND / kg, the meat is only 85,000 VND / kg. "Compared to the highest prices in May and June, the retail price of pork prices fell for VND10-15,000 per kg," said Quang.

Market rules should be followed

Mr. Nguyen Xuan Duong, Executive Director of the Animal Growth Development Department (MARD), said: The price of raising pigs is only 38,000 – 40,000 VND / kg, so the selling price is 45,000 VND. High profitability. But if the price is higher than the 45,000 VND / kg axle, there is a great risk of over-exploitation of meat on the domestic market, where domestic companies lose market, difficult to control the epidemic. The aim of the Livestock Department is the price of pigs continues to fall, at around 45,000 per kg in order to prevent the risk of foreign pork entering the market. "The price of pigs will be reduced, though from now until the Lunar New Year demand has risen, but current supply of pigs is not lacking, plus people have many choices of chicken, eggs abound in contributing to keeping pork market Price is stable," Duong said.

One problem with Nguyen Thi Hong Tham is that small farmers sell pork to avoid the risk of disease, so the amount of pigs that remain in the population is not much, most pigs remain in large companies. From now until the end of the year pork consumption should be very difficult to predict.

According to experts, the price of pork and pork increases or vice versa or the price of meat usually does not fall with the prices of pigs have two main causes. First, we have too many mediators in the value chain. Secondly, more importantly, our economy is only half the market, and the other half is regulation. Specifically, the price stabilization program. We are working towards an administrative order, so market rules are violated and consumers are always in a disadvantageous position. "Assuming the government of Ho Chi Minh City does not control the market by an administrative order, there is no intervention to stabilize the price of pig meat in early October, maybe it's different. The input signal price is reduced, but the output price is high, so ask any business stupid to lower the market price? The companies are watching each other so the price of meat does not reduce the price of steam, "said one expert (not named).


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