WEEKLY CATTLE AND BEEF MARKET UPDATE FROM VIETNAM - September 8th 2023

Vietnamese version
The average market price of buffalo fillet in Vietnam has remained relatively stable throughout most of 2023.  The average price in Week 35 (VND290,000/kg) has dropped by 0.9 % compared to the previous week.  Average beef fillet prices have witnessed a steady decline since the Lunar New Year in February, but the average price in Week 35 (VND235,000/kg) is a slight increase of 0.6 % compared to Week 34. 

The average national weekly prices of live-weight cattle have been more unstable in recent weeks compared to the initial weeks of the year. Compared to Week 34, the average price in Week 35 (VND83,000/kg) has slightly decreased by 1.2 %. 

In supermarkets, the beef prices for the week, remained the same or increased compared to the previous week, for all types of beef cuts except at Coop Mart which reported a decrease in prices of Beef Fillet and Brisket Navel End.  

Retail prices of Australian beef cuts in selected supermarkets have generally either remained the same or increased compared to the previous week.