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
United States
Mar 27, 02:00 (GMT + 9):
Bumble Bee becomes first company to use blockchain platform for tuna tracking
Chile
Mar 27, 01:00 (GMT + 9):
Schedule to implement detailed discard act
Philippines
Mar 27, 00:50 (GMT + 9):
Environmentalists urge protection for Manila Bay after new sardine discovery
Russian Federation
Mar 26, 23:30 (GMT + 9):
Russian Aquaculture plans to build smolt production plant in Russia
Ghana
Mar 26, 23:30 (GMT + 9):
Aquaculture can contribute to meet domestic growing seafood demand
Mexico
Mar 26, 22:50 (GMT + 9):
Profeco asks tuna sector to report amount of soy added to its products
Chile
Mar 26, 22:20 (GMT + 9):
Judicial resolution stops private certification for artisanal fishermen
Argentina
Mar 26, 21:50 (GMT + 9):
Squid catches do not rebound
Costa Rica
Mar 26, 21:00 (GMT + 9):
Bill proposes to eliminate free permit for tuna fishing
Worldwide
Mar 26, 19:00 (GMT + 9):
Surimi processed products grow 12 per cent in value
United Kingdom
Mar 26, 09:00 (GMT + 9):
Tesco joins Ocean Disclosure Project
Namibia
Mar 26, 02:20 (GMT + 9):
Galicia helps Namibia to improve fisheries research
Japan
Mar 26, 00:20 (GMT + 9):
Environmental DNA contributes to locate endangered eels
Spain
Mar 26, 00:10 (GMT + 9):
Spaniards prefer fresh fish, bought in traditional fish markets
Argentina
Mar 25, 23:50 (GMT + 9):
San Arawa taken over by Norwegian company



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Initiative launched to strengthen fight against illegal traffic of totoaba
Mexico For the first time, the problems that have led to the marine porpoise being in danger of extinction will be addressed in a comprehensive way, taking into account its root causes and monitoring its distribution and population size.
Steeped in history: Insights into Japan’s coastal pole-and-line tuna fishery
Japan Adam Baske reports back from a visit to Kochi, where he met local one-by-one tuna champions and learned about the value of this historic fishery.
Oman Fisheries Company to start commercial fishing operations
Oman Oman Fisheries Company is planning the acquisition of an industrial fishing vessel so as to shortly start commercial fishing operations.
European Council grants UK Brexit extension period
European Union The European Union has agreed to extend the deadline for the United Kingdom to exit, which was going to be set for next Friday, March 29.
 
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