Tra fish prices on the rise

Prices of tra fish for processing have increased in response to high demand from the Cuu Long (Mekong) Delta provinces.
Tra fish prices on the rise ảnh 1Illustrative image. (Photo: VNA)
Hanoi (VNA) - Prices of tra fish for processing haveincreased in response to high demand from the Cuu Long (Mekong) Delta provinces.

The Dong ThapAgriculture and Rural Development Department said, in Dong Thap province, theprice has surged by 3,000-4,500 VND per kilo year-on-year to 22,000-25,000 VNDfor tra fish pieces, weighing 0.7-0.8 kilo per unit year-on-year.

Meanwhile, the price of tra fish varieties also went up by 10,000 VND per kiloto 35,000-36,000 VND for 30 units per kilo some two months before the Tetfestival because of the higher prices of tra fish pieces.

The province has dedicated 2,000ha of land to rearing tra fish each year, witha capacity to produce 358 tonnes of tra fish per hectare, the department said.
Farmersand tra fish export processing enterprises in Dong Thap have seen a profitbased on the current prices. Most of these enterprises rear tra fish under thesafety standards of Global GAP, VietGAP, Best Aquaculture Practices and theAquaculture Stewardship Council to ensure an adequate supply of high-qualityraw materials for export processing.

According to Dong Thap’s development plan, by 2020, the total output of rearingtra fish will reach 541,000 tonnes, and the province’s total capacity ofprocessed tra fish will be 250,000 tonnes. Tra fish will be one of five keyproducts included in the provincial restructuring plan for agriculture.

Enterprisesin the Mekong Delta localities expected prices to continue rising because thecurrent fish supply for processors has reached 50 per cent of demand, at 4,500tonnes per day.

Ho Van Vang, Vice Chairman of the Vietnam Tra Fish Association, said exportorders for tra fish early this year rose by 10 percent year-on-year, while theoutput of tra fish reared in 2016 for export processing fell because farmershad suffered losses in tra fish development last year.

Despite the higher prices of tra fish for processing, farmers have notincreased the area dedicated to rearing tra fish as they do not expect theprice to remain at its current high level over the next 6-8 months, accordingto the association.

So far, CanTho city has dedicated 334ha to breading tra fish, or 79 percent of the totalarea rearing tra fish in the same period last year, and its total output is12,000 tonnes, or 78 percent of the total output year-on-year, saidrepresentatives of the Can Tho Fishery Sub-department. -VNA
VNA

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