As Vietnam’s Basa Prices Rebound, Chinese Companies Try to Expand Their Industry There
With the coming of August, Vietnam’s basa prices have started to rebound, though they are still far from satisfactory. As statistics show, farm gate prices are estimated to rise to about 20,000 VND per kg (~$0.86/kg USD). And local processing plants’ sales prices have increased by about $0.15/kg USD to $0.20/kg USD in early August.
Several factors contributed to this price increase. The main one is bug orders from Europe, America and the Middle East in late July...
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