Market NEWS
weekly updates from vietnam and south east asia
The average price of beef fillet and beef thigh decreased substantially in week 39. The average price of beef fillet decreased by 9.4% from 255,000 VND/kg (week 38) to 231,000 VND/kg and the price of beef thigh decreased by 4.6% from 260,000 VND/kg (week 38) to 248,000 VND/kg. The beef thigh price was on a downward trend after witnessing the highest average price of the year so far in Week 37. The average price of live-weight cattle in week 39 decreased by 1.2% compared to week 38, from 84,000 VND/kg to 83,000 VND/kg. The current average price is around the same as the starting weeks of the year. In week 40, beef prices at most supermarkets in Vietnam remained stable, except for Go supermarket which increased the price of beef fillet to 365,000 VND/kg while decreasing the price of beef shank to 385,000 VND/kg compared to week 39. In week 40, the prices of Australian beef remained stable at supermarkets, except for brisket navel end Pacow (Winmart) and grilled chuck crest (Home Farm) with reduced prices; and beef shank (Home Farm) and beef sirloin Hokubee (Home Farm) with increased prices compared to week 39.
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