According to the report of the Fisheries Association of key provinces such as An Giang and Dong Thap, in the first week of January 2024, the price of commercial pangasius (raw fish for export processing factories) continued to decrease by 200-500 VND/kg compared to the previous week.
Specifically, currently fish in size 700gr - 1kg fluctuates at 24,800 - 25,300 VND/kg, for large fish over 1.3kg fluctuates at 25,000 - 25,500 VND/kg.
The main reason is that exports to key markets such as the US, the Middle East and ASEAN have decreased...
Due to the downward trend in fish prices in recent days, many farmers have not yet boldly started new farming seasons. Currently, most export processing enterprises are taking advantage of the supply from their own ponds.
Meanwhile, the source of fish fry for new farming is a big challenge. In contrast to the decline in commercial fish prices, the price of pangasius fry in the Mekong Delta has shown signs of a slight increase.
Currently, the price of pangasius fry has increased by 0.2 - 0.4 VND/fish, equivalent to 1.4 VND/fish. However, companies still have difficulty buying fry in the desired quantity. The main reason is the decrease in supply.
According to analysis by the provincial fisheries association, cold weather causes a decrease in the number of eggs produced by parent fish. On the other hand, due to the influence of cold weather, many newly hatched fish within 30 days are damaged.
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