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The pain of surging pork prices is now being felt in Vietnam

Bloomberg
Bloomberg11/7/2019 01:09 PM GMT+08  • 2 min read
The pain of surging pork prices is now being felt in Vietnam
(Nov 7): African swine fever, the deadly pig disease that drove up China’s pork prices to record levels, is now taking another major consumer of the meat hostage.
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(Nov 7): African swine fever, the deadly pig disease that drove up China’s pork prices to record levels, is now taking another major consumer of the meat hostage.

The cost of live hogs in Vietnam has skyrocketed to an all-time high due to depleting supplies because of the virus. Pig prices hit 71,000 dong ($4.13) a kilogram on Tuesday, an 18% increase from a month earlier, according to the Vietnam Animal Husbandry Association.

“We’ve never seen live pig prices jump this high,” Nguyen Tat Thang, the association’s general secretary, said by phone.

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