High supply and weak demand push tilapia prices lower in Brazil
Published 2024년 10월 9일
Tridge summary
September saw a decrease in tilapia prices in Brazil, attributed to high supply and weak demand, with many fish still in tanks having high biomass. Despite the falling prices, exports of tilapia, including fillets and secondary products, increased by 17.4% from August and 60.2% from September of the previous year, totaling 1,600 tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Tilapia prices continued to fall in September. According to Cepea researchers, the pressure came from high supply, since there are still many fish with high biomass in the tanks, and from weak demand. Also reflecting the high domestic availability, Brazilian exports of tilapia (fillets and secondary products) grew again in September. A total of 1.6 ...
Source: Opresenterural
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