Supply from China, the world’s largest producer of tilapia, is normal, said Landy Chow, managing director of the Bangkok, Thailand-based frozen seafood supplier’s China division.
“The price level is around CNY 8 (€0.98/$1.3) per kilogram, which was up from CNY 7.60 (€0.93/$1.2) per kilogram from early January 2012,” he told IntraFish.
“The farmers are trying to push the price up but demand is soft,” said Chow.
“I think the price will range from CNY 7.60 (€0.93/$1.2) per kilogram to CNY 8.20 (€1/$1.3) per kilogram in the coming months.”
Supply from Thailand is also good, said Siam Canadian’s international trade division manager, Chaipat Kunapiwatkul.
“The landing of tilapia in Thailand over the first five months in 2012 is expected to be good since warm weather is favorable to culturing the fish.”
Prices are unlikely to go too high, because of the slow demand, he told IntraFish.
“However, the price may go up during June to September, which is the raining season,” said Kunapiwatkul.
"The rain obstructs fish farmers from getting to ponds, so supply is expected to come down and the price should move up as a result.”
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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