Brazil: High supply and weak demand keep pressure on tilapia prices

Published 2024년 9월 11일

Tridge summary

Tilapia prices in Brazil continued their downward trend in August, due to high supply and weak demand, according to Cepea. The volume of Brazilian tilapia exports in August fell, breaking the growth trend since March, with foreign sales totaling 1.3 thousand tons, which was 29.1% lower than July and only 2% higher than the same period last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In August, tilapia prices continued to fall in all regions monitored by Cepea, although less intensely compared to the previous two months. According to Cepea researchers, the pressure comes from the high supply of fish, combined with weak demand, unlike the scenario observed in 2023. As for Brazilian tilapia exports (fillets and secondary products), the volume shipped fell in August, interrupting the growing pace that had been observed since March. ...

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