US capital is intervening in Vietnam's tilapia, currently reshaping China's price cycle.

According to the results, by 2025, Vietnam's tilapia export value is expected to grow by 141% year-on-year, with exports to the U.S. growing by 173%, with frozen fish fillets almost becoming the sole growth engine. In contrast, the price of Chinese tilapia has remained low for a long period during the same time, even in the phase of reduced seed stocking and tightening supply, it has not seen an effective rebound. This phenomenon of "supply shrinkage but no price increase" is a typical signal of the price cycle being reshaped by external forces. Prices are no longer solely determined by "supply and demand" In the past, the price cycle of Chinese tilapia was highly dependent on domestic supply and demand changes: more seed stocking, lower prices; less seed stocking, higher prices, with a relatively clear logic. However, in recent years, this mechanism is failing. The reason lies not at the farming end, but at the export end. The U.S. still maintains a high tariff of about 55% on ...