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Meat priced slightly higher for Tet
There will be no shortage of meat during the coming Tet (Lunar New Year) holiday with prices forecast to increase by only 2-3 per cent.
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| Customers purchase fresh meat at the Thang Long Big C Supermarket in Ha Noi. There will be no shortage of meat during the coming Tet holidays. |
Director of the Ministry of Agriculture and Rural Development's Department of Livestock Husbandry Hoang Kim Giao made the above statement at a conference held in the capital yesterday, adding that the domestic livestock industry had enjoyed favourable conditions, especially in the latter months of this year when disease outbreaks were rare, to ensure an abundant meat supply.
With meat demand usually experiencing a 15-20 per cent increase during Tet, consumption has dropped significantly during recent years however, last year seeing a rise of only 12-15 per cent.
Meat demand had been saturated, Giao confirmed.
The local market currently consumed 262,000 tonnes of pork and 62,000-63,000 tonnes of poultry each month, said the department Deputy Director Nguyen Thanh Son.
Bouncing back after a strong slump in October, current pork and poultry prices had proven acceptable to both breeders and consumers, he said.
The Ministry of Industry and Trade warned that during the Tet holiday, demand for meat would surge by 40,000 tonnes in comparison with current figures.
Meanwhile, the livestock industry could only provide an additional 10,000-15,000 tonnes of meat for Tet at present, which means a possible lack of 25,000-30,000 tonnes, it said.
The latter months of this year saw a significant increase in meat exports to China with up to 936 tonnes crossing the border in November, triple March's figure.
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