Grouper farmers in Cam Thinh Dong commune, Vietnam, are struggling due to a lack of buyers

Published 2022년 3월 9일

Tridge summary

Grouper farmers in Cam Thinh Dong commune, Cam Ranh City, Khanh Hoa are experiencing relief as traders have started buying again after a period of low sales and profits. The price of grouper has increased significantly since the Lunar New Year, with grade 1 fish now selling for 200,000 VND/kg. However, the disease situation and unpredictable market fluctuations mean that prices can still fluctuate. The Fisheries Sub-Department has recommended that farmers monitor the market closely, stock in accordance with plans, and comply with management agency registrations.

Additionally, farmers are facing concerns about the new farming season as fingerlings are showing signs of premature death and slow growth. The Department has urged farmers to monitor weather developments, stick to seasonal schedules, and continue investing in effective grouper farming.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since the Lunar New Year until now, grouper farmers in Cam Thinh Dong commune (Cam Ranh City, Khanh Hoa) have somewhat eased their worries when many traders have purchased again. Mr. Nguyen Van Tinh - grouper farmers in Hoa Diem area (Cam Thinh Dong commune) said: "From the end of 2020 to the end of January, 2022, grouper farmers continuously faced difficulties when the fish came to the market for sale. but could not sell due to lack of buyers, low selling price. There have been many times local authorities and unions have to "rescue" grouper for farmers. There was a time when grouper hybrid type 1 (about 1.3kg/fish) cost less than 120,000 VND/kg; Type 2 (from 1.3-1.7kg/fish), type 3 (more than 1.7kg/fish) only costs 80,000 - 90,000 VND/kg, so groupers have suffered heavy losses. Although during the last Lunar New Year, the price of grouper increased at 150,000 VND/kg for grade 1, but farming lasted for 13-14 months, so farmers were still not profitable. In the story with the ...
Source: Danviet

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