The amount of pangasius imported into the United States has surpassed tilapia, and the market is facing supply pressure

The market for frozen fillets of imported tilapia and pangasius continues to face challenges due to environmental factors in China and Vietnam, resulting in tight supply. A typhoon in early September severely affected tilapia production in Hainan, China, with fish supplies only 20%-30% of normal levels. According to earlier reports, the weeks-long power outage prevented the fish from feeding normally, and the fish sold in the market became smaller and thinner as a result. Supplies are expected to recover by the end of October or early November, but the exact amount remains uncertain. In contrast to the situation in Hainan, tilapia supplies in Guangdong remain stable, and tilapia production in the region is expected to increase. Based on Guangdong tilapia raw material price data, prices have fallen in the past two weeks. However, wholesale prices of tilapia fillets in the US market still reflect the impact of supply disruptions. The price of vacuum-packed, water-retaining frozen ...