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Cadovimex II expecting higher pangasius price
November 18, 2013, 09:38 AM
(pangasius-vietnam.com) Through October 2013, Cadovimex II Seafood Import-Export and Processing Joint Stock Company (Cadovimex II) has fulfilled 60 percent of its annual plan on pangasius export. This year, Cadovimex II is trying to keep last year’s pangasius export volume. The total income is expected to be US$25 million, lower than that reported in 2012.

Beside the U.S., the Dong Thap-based firm also sent fish products to Brazil and some markets in Europe and Asia. Despite steady import demands, earnings from these markets have remained low.  

Cadovimex II says that price for first-grade pangasius increased by 14-15 percent compared to quotations in June 2013.


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