Though Still Haunted by Oversupply Problem, China’s Aquatic Farmers are Seeing a Better Tomorrow
China’s seafood industry has undergone a brutal cold season this Chinese New Year due to the coronavirus outbreak. Both market sales and prices have plummeted, while farmers have had great quantities of aquatic products dying in ponds. But luckily, with more processing plants restarting operation and governmental support, things are getting better now and farmers are regaining confidence.
As China’s official statistics show, the market was dull during this early February. Seafood sale volumes dived to only about 10% in 45 wholesale markets of...
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