Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Pangasius harvest at a Vietnam farming pool.

Slow sale and high production lead to pangasius price fall

Click on the flag for more information about Viet Nam VIET NAM
Friday, March 15, 2019, 00:40 (GMT + 9)

Pangasius or tra fish price has unexpectedly dropped, a situation which raises concern among pangasius fish farmers.

According to Nguyen Thanh Binh, director of Chau Thanh Seafood Production and Service Cooperative in Dong Thap Province, the prices of pangasius fish fell about VND 5,000-5,500 (USD 0.21-0,24) per kilogram compared to the beginning of this year, to VND 23,500-VND 24,000 (USD 1.01-USD 1.03)/kg, SGGP News reported.

In his view, with the current prices, fish farmers almost have no profit but are only able to break even.

“As the prices of pangasius fish have continuously declined, fish farming households have been concerning and facing dilemma about whether to continue to invest in pangasius fish farming,” Thanh Binh added.

Farmers feedind pangasius. (Photo: SGGP)

Seafood exporters in provinces in the Mekong Delta said that after a great success in pangasius fish export in 2018 with export turnover of USD 2.26 billion, the prices of raw pangasius fish have gradually decreased since the beginning of this year because export has been sluggish and pangasius production remains high so firms are not ready to buy more.

Amid the situation, experts said that fish farmers should be cautious in expanding farming area and avoid massive farming which possibly leads to an excessive supply causing prices to decline further.

Different presentations of pangasius filet in international supermarkets

Meanwhile, the Ministry of Agriculture and Rural Development said that pangasius fish production will be maintained at around 1.51 million tons this year, up 6 per cent compared to the previous year, and export turnover aims to reach USD 2.4 billion, up 12 per cent.

The ministry ordered farmers and firms to apply new technology into pangasius farming and processing, improve the quality of fingerlings and mature pangasius fish, restructure production and traceability and encourage firms to invest heavily in fish farming for sustainable development. At the same time, they should closely watch the weather changes, prevent diseases and strengthen value chains.
 
editorial@fis.com
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
May 22, 00:00 (GMT + 9):
A special forum for research and innovation
India
May 21, 23:00 (GMT + 9):
Pakistan fishing boat with 200 kg of heroin seized off Gujarat
Viet Nam
May 21, 23:00 (GMT + 9):
US market no longer comfortable for Vietnamese enterprises
United Kingdom
May 21, 23:00 (GMT + 9):
Morrisons becomes first UK supermarket to sell vegan ‘tuna’
United Kingdom
May 21, 21:00 (GMT + 9):
BBC reveal that salmon farming giant Mowi is under investigation over chemical use
Spain
May 21, 21:00 (GMT + 9):
Scientists raise 140% mackerel quota proposal
New Zealand
May 21, 19:00 (GMT + 9):
New Kiwi Fishing Technology Gets Approval For Snapper, Tarakihi, Trevally, Red Gurnard and John Dory
Japan
May 21, 05:10 (GMT + 9):
Bluefin tuna prices 9% higher than on same period last year
United States
May 21, 00:00 (GMT + 9):
The first quarter shows an increase in exports of Alaska pollock surimi from the US
Viet Nam
May 20, 23:40 (GMT + 9):
Ninh Thuận a boom town for quality shrimp fry production
Norway
May 20, 23:30 (GMT + 9):
Strong increase in the volume of exports of frozen salmon
European Union
May 20, 23:00 (GMT + 9):
Approved the new protocol of the fishing agreement between the EU and Cape Verde
Chile
May 20, 23:00 (GMT + 9):
Exports of coho (Pacific) salmon frozen to Japan grew 6% year-on-yea
Iceland
May 20, 22:50 (GMT + 9):
Biolorrusia is the main destination of the Capelin exported by Iceland during the first quarter of 2019
Viet Nam
May 20, 22:30 (GMT + 9):
Fisheries exports forecast to pick up after listless first quarter



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Shrimp season will begin in mid-June
Argentina The entire shrimp fleet will be able to operate in argentinean waters, within the Permanent Hake Closure Zone, between June 14 and 15. That is the date that a priori authorities handle, as Pescare.com...
A European project aims to develop a sustainable food from bons and fish skin
European Union A European project coordinated by the Higher Council for Scientific Research (CSIC) aims to develop a food of sustainable marine origin ready for consumption, from the use of discards from fishing, al...
European Justice confirms that the red crayfish is an invasive alien species
Belgium BRUSSELS (EUROPA PRESS) - The Court of Justice of the European Union (TEU) has endorsed Thursday the inclusion of red crayfish in the European list of invasive alien species, a decision that had been ...
Weekly movements of fishmeal and fish oil (Norway, China, Peru)
Worldwide Through week 18, they destined 331,571 tonnes of fish for reduction at an average price of NOK 2.49 /kg, down 37% on those destined for such purpose during the same period in the previous year. Table...
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation
Marona S.A.
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2019 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER