Pangasius Prices Spike to Record as Low Harvests and Demand from China Takes Hold
SEAFOODNEWS.COM by John Sackton February 9, 2018
Analysis of the Pangasius market from Angel Rubio, director of Urner Barry Analytics, shows that pangasius prices have hit a record high prior to the Chinese New Year.
There are a number of factors that are rapidly pushing up prices in the US market for pangasius, summed up as an overall shortage of fish.
Demand for Pangasius in China has been very strong, and it has encouraged those plants which are not certified to ship to the US. Those plants in turn have been making demands on farmers, and they are pulling smaller fish from the water that would have been harvested a month or two later.
The result is that the larger exporters, including ...
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