Tilapia Prices Expected to Rebound with Pond Stocking Rates in South China Down 30% in 2016
SEAFOODNEWS.COM [Shuichan] Translated by Amy Zhong - April 27, 2016
The year of 2015 was disastrous for China’s tilapia industry which suffered from a great price decrease in the market. The price has even dropped below the cost of 3.2 yuan/jin (1 jin = 0.5 kilo) in Hainan, one main production area.
Several factors contributed to last year's price declines. The outbreak of the streptococcus disease peaked; illegal drug residues ...
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