Processors in China Cutting Prices on Tilapia Purchases as Farmers Clear Ponds Before Cold Weather
SEAFOODNEWS.COM [Shuichan News] Translated by Amy Zhong December 1, 2016
Average tilapia prices in China for purchase by processors declined about 1% in the past two weeks.
Prices are stable in the Pearl River Delta, other areas have seen price declines.
Processing plants have cut their purchase prices in western Guangdong and Hainan. Local farmers are flooding tilapias into the markets now because they need to settle debts with feed factories and they are not well equipped for winter farming. Currently the available tilapias are at different sizes and smaller than before. So their prices decrease in both retail markets and...
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