Pangasius prices in the Mekong Delta may increase gradually after the nCoV epidemic
(vasep.com.vn) As of mid-February 2020, the price of raw material catfish in the Mekong Delta decreased by 42.6% compared to the same period in 2019, fluctuating at 19,500 VND / kg. Influence of acute pneumonia caused by Corona virus has interrupted pangasius export to China market. This is the largest market of Vietnam pangasius, so as soon as changes in market situation have an immediate impact on raw pangasius production.
Keep 'swimming line' for Vietnamese pangasius
Vietnam's pangasius industry has achieved proud success, affirming its position as the world's No. 1 for many years, but also experienced many ups and downs. After the double victory of 2018, Pangasius returned to "swim" in a struggling state. Besides accepting the rules of the market, it is necessary to consider holistically, overcome limitations, promote advantages for sustainable development of this industry.
Time for business restructuring
It is not until the impact of the epidemic makes the agricultural and fishery enterprises face the opposite direction, but the reality of business puts businesses in front of big problems to be solved.
Pangasius exports to China may be "ups and downs" according to the movements of the ncov epidemic
(vasep.com.vn) In 2019, China is Vietnam's largest pangasius export market with a total value of US $ 622.7 million, up 28.8% over the previous year, accounting for 31% of the total value. Pangasius export. Last year, this is also the focus market of more than 125 enterprises, households and cooperatives producing and processing pangasius in Vietnam. In the beginning of 2020, the complicated movements of the acute respiratory infection caused by the new strain of Corona virus have been sign