Vietnam Market News 15th December 2023

In week 49, the average price of beef thigh was at 192,000 VND/kg, a decrease of 1.4% compared to the previous week. The average price of beef fillet in week 49 decreased slightly by 0.1% to 227,000 VND/kg.

•In week 49, the average price of live-weight cattle decreased slightly compared to week 48, from 84,500 VND/kg to 83,000 VND/kg, a decrease of 1.8%.
•In week 49, for local cattle, the lowest price was recorded in the Central Highlands at 60,000 VND/kg, while the highest price was observed in the North at 74,000 VND/kg.
•For BBB cattle, in week 49, the lowest price was recorded in the Central Highlands at 76,000 VND/kg and the highest price in the North at 88,000 VND/kg.  

​After 2 weeks of price stability, in week 50, the price of Vietnamese beef at supermarkets had slight price fluctuations. In particular, Go supermarket quoted a decrease in beef fillet and beef thigh prices while Brisket Navel End price increased compared to the previous week. CO.OP Mart also quoted a decrease increased the price of in brisket Navel End price compared to week 49. Currently, the price of beef fillet meat is the lowest in Go supermarket at 357,000 VND/kg.

​Prices of Australian beef at supermarkets in week 50 remained unchanged compared to week 49, except prices of Shoulder clod (Go Mart), Chuck Crest (Home farm), and Beef sirloin Hokubee (Home Farm) prices which increased compared to the last week.