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Abundant goods, stable prices

Việt NamViệt Nam03/02/2025


According to the Department of Industry and Trade, the commodity market in Thanh Hoa during the Lunar New Year 2025 was stable, with no shortages or sudden price increases. Thanks to early stockpiling of goods, the total value of goods for Tet in the province was about VND 20,580 billion, an increase of 3% over the same period last year, fully meeting the consumption needs of the people.

Supply and demand situation during Lunar New Year: Abundant goods, stable prices

Go! Thanh Hoa supermarket provides essential goods to serve people during Tet.

Prices of goods before and during Tet

After the Kitchen Gods' Day (December 23rd of the lunar calendar), people's shopping needs increased sharply, as most workers began their holiday. According to surveys at supermarkets and food stores, as well as quick reports from localities, the consumption of goods increased by 5 - 8% compared to last year. Supermarkets such as Go!Thanh Hoa, Co.opmart and WinMart recorded increases of 6%, 8% and 7% respectively. However, the amount of goods sold was still lower than the amount of goods in stock, because these items are regularly consumed products, so they did not affect the business of the units.

As for flowers and ornamental plants, this year supply exceeded demand, leading to a backlog. By the 29th of Tet, many retailers had to reduce prices to recover capital.

At supermarkets and Winmart+ stores, prices are always stable before and during Tet, because the units have done a good job of stockpiling and stabilizing prices with suppliers and manufacturers. However, at markets and small retail stores, from the 26th to the 29th of Tet, some items increased slightly by about 3 - 5%, such as: lean pork, grade 1 beef, chicken, fresh shrimp and fish... due to high demand in the days before Tet, leading to the price of lean ham and beef ham also increasing from 5,000 - 10,000 VND/kg depending on the item, depending on the establishment. However, at markets in the days before Tet, the price of green vegetables decreased sharply by 25 - 40% because vegetables were ready to be harvested, and the weather before Tet was warm and humid, so vegetables and tubers grew quickly.

During Tet (from the 1st to the 3rd), prices of basic goods were stable and remained the same as before Tet, only some fresh food items increased by about 10 - 20% compared to pre-Tet prices such as: lean pork loin from 130,000 to 150,000 VND/kg, grade 1 beef from 260,000 to 300,000 VND/kg, chicken 120,000 VND/kg... Food service prices increased by 1.5 - 2 times compared to before Tet because only a few food establishments were open for sale. However, the price increase was accepted by consumers and considered an annual rule.

Post-Tet Market: Business Returns to Normal

Since the 4th day of Tet (February 1, 2025), most businesses in Thanh Hoa have reopened. Major retail chains such as Go, CoopMart, The City, WinMart, MediaMart... have been prepared to serve customers' shopping needs.

Supply and demand situation during Lunar New Year: Abundant goods, stable prices

People go shopping again after Lunar New Year.

However, the market after Tet is expected to be less active, mainly focusing on fresh food items and offerings for the New Year. Packaged items such as confectionery, beverages and processed foods remain stable in price, without major fluctuations. Vegetables and fruits continue to maintain stable prices compared to the first and second days of Tet, but have decreased significantly compared to before Tet. Only a few items have increased slightly, including grass carp, beef, seafood... and some essential items before the 15th of the first lunar month, after which they will return to normal.

In general, the commodity market in Thanh Hoa during the 2025 Lunar New Year was stable, with no price hikes or shortages. Market regulation was well implemented, ensuring people's consumption needs during the Tet holiday and the first days of the new year.

Chi Pham



Source: https://baothanhhoa.vn/tinh-hinh-cung-cau-dip-nbsp-tet-nguyen-dan-hang-hoa-phong-phu-gia-ca-on-dinh-238457.htm

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