China Bigfoots Pangasius Market, Output, Prices Rise, China to be Vietnam's Top Buyer within a Year
SEAFOODNEWS.COM [The Saigon Times Daily] by Ngoc Hung - Nov. 28, 2016
HCMC – China’s huge demand has driven up prices of unprocessed tra (Pangasius) fish in the Mekong Delta, putting domestic processors on edge.
The total acreage under Pangasius farming has reached 5,352 hectares this year, up 4% year-on-year, which has sent output soaring 9% to 996,000 tons, according to data of the Ministry of Agriculture and Rural Development.
Key farming areas in the Mekong Delta have reported a substantial increase in Pangasius fish production. For instance, Dong Thap Province has turned out 325,000 tons of tra fish, a 19% increase, Can Tho City 140,000 tons, up 24%, and Ben Tre Province 155,000 tons, up 11%.
However, prices of the fish have picked up to VND22,000-22,500 per kiloFull Story »