Pangasius

(IntraFish) 2011 figures show French consumers are sticking to cod as their second most loved fresh fish. Despite higher prices, French retail sales of fresh cod fell in volume, but rose in value in 2011 -- while sales of the cheaper pangasius dropped both in volume and value, with volumes tumbling by 32 percent.

(pangasius-vietnam.com) Out of 130 countries and territories importing Vietnam pangasius, Spain is one of 5 largest single importers as well as the largest market of Vietnam pangasius in EU block. However, in the first two weeks of January 2012, Vietnam pangasius exports to Spain continued to decline and showed no upward trend in the upcoming months this year.

(vasep.com.vn) Southern Fishery Industries Company Ltd (Southvina) has met difficulties when exporting pangasius products to the EU, said Mr. Duong Viet Thang, the company’s Vice Director. Raw pangasius in Mekong Delta priced at around VND26,000 per kilogram, bank loan rate was higher and input costs kept rising. In this tough situation, Southvina tried to remain export price, but it failed to have more contracts.

(pangasius-vietnam.com) According to Directorate of Fisheries (D-Fish), in 2011, the total production of pangasius seed nationwide reached nearly 2.4 billion pieces, pangasius farming area was 5,430 hectares, harvested fish production gained 1,195,344 MT. Compared to 2010, fish seed production was stable while farming area increased by 30 hectares and fish production rose by 50,000 MT.

(pangasius-vietnam.com) Pangasius is the main seafood item of agricultural sector. Besides small-scale fish farmers, in the Mekong River Delta, pangasius farming areas certified by international standards have recently been expanded remarkably.

(vasep.com.vn) Currently, pangasius in Mekong Delta costs averagely at VND26,000 per kilogram. Many pangasius exporters recognize difficulties in raw fish supply this year, but they are not able to invest in their own fish farms because of lack of capital.

(pangasius-vietnam.com) The Mekong Delta provinces have exported a further 15,000 MT of pangasius, raising the total export volume of pangasius since the beginning of this year to 65,000 MT, an increase of 4,000 MT year on year, valued at US$195 million.

(IntraFish) Alaska pollock, which makes up 25 percent of seafood sold in Germany, saw a spike in volumes sold in 2011 due to a price drop.

Currently EU accounts for 37% of

(IntraFish) Prices for frozen-at-sea Alaska pollock fillet blocks from the US fleet are likely to trend down, but shouldn’t go below $3,000 (€2,243) per metric ton, sources told IntraFish.

According to the report of Vinh Long

(pangasius-vietnam.com) In February 23rd, 2012, Biofeed Co. was granted GlobalGAP certificate by the Bureau Veritas for its 10 hectare farm in Dong Hau hamlet, Ngai Tu commune, Tam Binh district, Vinh Long province.

(VASEPNews) In the last quarter of 2011, Anvifish Joint Stock Company (Anvifish Co; HOSE Code - AVF) gained VND550.46 billion of net turnover and VND31.8 billion of post-tax profit, according to the firm’s business statement in Q.IV/2011.

(VASEPNews) In March 9th 2012, Department of Commerce published the final result of seventh administrative review of the antidumping duty order on Vietnam frozen fish fillets imported into the U.S in the period of 1st August 2009 to 31st July 2010. In POR7, DOC selected Bangladesh as a surrogate country to calculate weighted average dumping margin.


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