This is the highest price within the last one year. With this price, ensuring farmers started with interest.

The main reasons causing the price of raw ingredient as high as the current is due to the strong recovery of some key export markets such as Russia, Spain, and the United States. In addition, the amount of inventory of enterprises decreased, due to concerns about lack of raw materials in the next few months, which makes the acceleration of enterprise purchasing new fish. Meanwhile, the supply is limited due to condensation problems exist from several months ago makes people narrow area of fish released. As forecast, from April of 2010, production of Pangasius in the Mekong Delta to the harvest period will increase again, prices will likely hypothermia.

Currently, price in some provinces in the Mekong Delta continue to hold steady. In particular, the price of the 2cm per fish remains at 700 VND per one, the kind of 2.5 cm is 1250 VND per fish. Meanwhile, feed price in the domestic market continues to rise, prices of rice bran in An Giang has increased 50 VND per kg.

THUY HIEN

Source: Can Tho Newspaper

Translated by Vietfish Community