Pagasisus Fish Is Increasing While Shirimp Is Decreasing Price Dramatically
Specifically, the current price of raw pangasius highest grade is at 27,000 – 29,000 VND/ kg and Pangasius low grade 2 and 3 also ranges from 24,000 – 26,000 VND/ kg. With this increase, the price of pangasius is higher than January such as 3,500 – 4,000 VND/ kg.
Besides, while aquaculture is increasing, severe weather conditions cause the loss of many little fish that the price of these fish increases well. Currently, the price of little pangasius ranges from 36,000 – 40,000 VND/ kg (their size 30/ kg), an increase of 10,000 – 12,000 VND / kg at the end of 2016. With the production cost of one kilogram of these fish about 20,000 – 23,000 VND, farmers have a profit of 20,000 – 23,000 VND/ kg.
Even up to the middle of April, the price of little pangasius has exceeded 60,000 VND/ kg, so farmers earns interest of over 30,000 VND / kg.
Although the price of little fish is at a high level, the price of raw pangasius is increasing remarkably, farmers are profitable as well. However, the price of fish rises while limited supply has put pressure on export processing factories.
The representative of the Ministry of Agriculture and Rural Development also said that the output of pangasius harvested in the first four months 2017 of the Mekong Delta provinces was estimated at 335,300 tons, an increase of percent at the same period. Nevertheless, due to late fish farming, many ponds cannot be taken advantage of this price opportunity. The harvested yield in the provinces with the largest production had a decrease last year, such as: An Giang province decreased 6 percent, Dong Thap province decreased 5.4 percent.
In addition to pangasius, the shrimp farming situation in the Mekong Delta provinces where shrimp farming area is still slow due to the slow arrival of salinity, inclement environment and prolonged intense heat. At the present, there has been a loss of shrimp farming on a small scale due to abnormal weather conditions and some white spot syndrome, yellow head disease and Taura syndrome. Nonetheless, brackish shrimp farming of these provinces has a substantial growth at the same period last year.
Specifically, the area of brackish shrimp farming in the first four months of the year is estimated at 559,900 ha, up 7.6 percent, the harvest output is forecasted at 55,600 tons, up 3.4 percent; the area of white shrimp farming was estimated at 27,000 ha, up 36.2 percent, output is expected at 32,400 tons, up 6 percent at the same period last year.
Now, farmers in the coastal provinces of the Mekong Delta started to harvest the brackish shrimp in 2017, but the price of shrimp dropped before.
For example, in Bac Lieu City where the price of frozen black tiger shrimp in size 30 shrimp/ kg falls off from 240,000 VND/ kg in March to 200,000 VND / kg; about 40 shrimp/ kg, down from 190,000 VND/ kg to 150,000 VND/ kg. The price of black tiger shrimp is 30 and 40 shrimp/ kg, down 75,000 dong/ kg from the previous month to 250,000 dong/ kg and 190,000 dong/ kg.
Prices of frozen white shrimp in size 50 and 60/ kg reduce by 23,000 VN / kg to 135,000 VND/ kg and 125,000 VND/ kg respectively. The areas of raw shrimp farming in Soc Trang Province also drop in the previous month. Black tiger shrimp and white shrimp in size 40/ kg to 100/ kg start to go down prices from 4,000 VND/ kg to 10,000 VND/ kg. This price depends on size. According to information from the Ministry of Agriculture and Rural Development, aquaculture production in April 2017 was estimated at 295,000 tons, up 1 percent at the same period last year, the total aquaculture production in the first four months of the year was achieved 865000 tons, up 2.1 percent at the same period in 2016.
