Unusually-cheap imported chicken is causing difficult for domestic enterprises

From the beginning of the year until now, industrial chicken prices are already at a very low level. Along with decreased demand due to COVID, domestic products are also facing stiff competition from imported chickens that tend to be highly price-competitive. Currently, there are 3 large foreign enterprises have a 70% market share (the rest have very small market shares). Currently, frozen chicken is sold in a whole box with many prices below 1.08 USD / kg, in which the cheapest is Defam chicken thighs, which is only 0.78 USD / kg.