Vietnam: Rising Tra Fish Prices a Cause for Concern
Tra fish prices have hit a new high since 2019, but insiders are concerned that high prices do not bode well for farmers.
Trần Văn Hùng, general director of Hung Ca Company Limited, said that it had been the case for many years that farmers boosted production too much when they saw prices rising. Consequently, prices normally slumped heavily after reaching record highs.
The fish price peaked in 2018 and led to a rush on production expansion. About one year later, the price began to drop sharply...
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