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Fresh "tra" catfish prices increase sharply
Prices of fresh “tra” catfish have surged in recent days with the first class fish sold at 15,500 VND a kg on September 2 against 14,500 VND available in late August.
Processors are rushing for the fish to meet an increasing demand for exports when markets are expanded to Russia, Ukraine, East Europe and the Middle East.
In August, enterprises in An Giang province, the nation’s biggest producer of the fish, exported almost 25,000 tonnes of products.
As large-sized catfishes are to customers’ liking in Russia, Ukraine and the Middle-East, supply has failed to meet demand. In the last two days, many companies could buy just 70 percent of their need. The Hung Vuong company, for example, was able to purchase just 400 kg of fresh catfish a day against its daily capacity of 700 kg.
Enterprises have offered farmers 16,000 VND per kg and even more for future purchases in fear of dire shortages in the days to come.
VNA
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