TG Corp earns over US$ 7 million from pangasius sales abroad
(vasep.com.vn) Pangasius export turnover in April 2015 of TG Corp reached US$ 1.386 million. By the end of April, the company has earned US$ 7.091 million in 2015.
The company has sent 3,628 MT so far this year. In April only, the volume was 849 MT. The result was not as high as last year's. The company revealed that it was the depreciation of currencies of Canada, Singapore or Mexico against the US dollars that affected sales. Importers purchase in USD and sold domestically with their domestic currency, which then reduce profit margin. Therefore, they reduced pangasius imports.