Lacking Orders, Tilapia Prices Drop to Lowest Point of the Year

Currently, high inventory levels at the pond and a complete halt of orders from the United States mean we see no possibility of price rebounds. A processing enterprise leader in Guangdong stated that even though wholesale prices for Chinese tilapia fillets in the US market remained stable this week, purchasers remain cautious, primarily because the 55% comprehensive tariff has not been adjusted, and with summer consumption entering its low season, the overall export situation remains depressed. What further exacerbates farmers' challenges is that Guangdong and Hainan have recently launched stricter environmental supervision systems, requiring all export-oriented tilapia farms to install sewage treatment facilities and undergo multiple water quality indicator tests, including total suspended solids, chemical oxygen demand, total nitrogen, and total phosphorus. Non-compliant farms will be fined and lose opportunities to collaborate with processing plants. Against this backdrop, ...