Business

Prices of fish, chicken go up in HCMC due to fear of African Swine Fever

After the news of African Swine Fever has been under control and there has been no more outbreaks of the disease in the North, price of pig in the South has gone up.

Prices of fish, chicken go up in HCMC due to fear of African Swine Fever

In the South, traders on April 8 offered to buy pig at VND38,000 – VND49,000 ($1.6 - $1.6).
For instance, traders in the Mekong delta province of Tien Giang, Long An, Can Tho and Tra Vinh paid VND45,000- VND49,000 a kilogram of pig meanwhile their peers in HCMC, Binh Duong, Dong Nai, Tay Ninh paid VND40,000-VND41,000 a kilogram.
Though price of pigs rebounded, the disease has affected buyers’ food consumption.
A survey conducted in traditional markets such as Hoang Hoa Tham in Tan Binh District, Tan Phu in Tan Phu District, Hoa Hung in District 10, consumers have shifted to buy chicken and fish and vegetable; accordingly, prices of these products escalated drastically compared to the end of March.
Specifically, retail market price of chicken in Tan Phu Market fluctuated between VND100,000- VND130,000 per kilogram, up by VND30,000- VND40,000 compared to last month. Fish fetched VND160,000 – VND260,000 depending on sea fish or river fish.
Trader Hoang Thi Lan in Thu Duc who sells fresh food said that fresh food prices have kept surging because of low supply and big demand predicting that it will go down a next few weeks.
According to businessmen, as usual, low consumption occurs in dry season but it has maintained this year leading to hiking prices.
However, they fretted that surging price of petrol will result in hike in transport fee and food price.

BY MAI DUONG - Translated by DAN THUY

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