Oversupply of Vietnam Basa in China Causes Prices to Cool Down
SEAFOODNEWS.COM [Shuichan] translated by Amy Zhong - August 7, 2018
Vietnam’s basa prices have been continually rising since the beginning of the year, but June has finally seen a reduction in prices. In early July, Vietnam’s basa flooded into the Chinese market in large quantities, which helped relieve the previous shortage in some regions. But there has been little increase in market demand, so many distributors have had to sell their basa at discounts and the prices have been declining. Currently basa are said ...
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