Vietnam: Due to the pandemic, Mekong Delta farmers suffer heavy losses from the prices of square-headed perch, cutlet, catfish, and pangasius

Published 2021년 8월 8일

Tridge summary

Farmers in the Mekong Delta are facing significant losses due to a sharp decrease in the price of sliced fish and other aquaculture products. The cost of raising fish and various species is higher than the selling price, leading to substantial financial losses for the farmers. The COVID-19 pandemic has further exacerbated the situation by reducing demand and temporarily halting purchases by export processing enterprises. However, there are still some aquaculture products that are sold at profitable prices, including snakehead fish, persimmon, and giant eel.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Recently, the price of sliced fish sold by farmers in many localities in the Mekong Delta to traders is only 42,000-44,000 VND/kg, down at least 5,000-6,000 VND/kg compared to the first months of 2021. At this price, selling each kilogram of commercial cutlet fish, farmers lose capital from 1,000-3,000 VND because the cost of raising fish is up to 45,000 VND/kg. Meanwhile, the cost of farming square-headed perch in many households is at 25,500-26,000 VND/kg, but currently the price of perch sold by farmers is only 22,000-25,000 VND/kg. The cost of raising hybrid catfish is at VND 18,000-19,000/kg, but the selling price of catfish in many localities is only VND 16,000-17,000/kg, so farmers also suffer a capital loss. Similarly, the cost of raising white pomfret in many households is at 14,500-16,000 VND/kg, but the price of commercial fish sold by farmers is only 13,000-14,000 VND/kg, even lower without selling. because at this time there are few traders to buy. The main output of ...
Source: Danviet

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