Vietnam: Eel prices are low and difficult to sell, causing difficulties for Hau Giang people

Published 2024년 5월 22일

Tridge summary

Eel prices in Hau Giang province, Vietnam, have plummeted due to an increase in supply caused by the rapid development of mud-free eel farming. This has led to a surplus in the market and falling prices, resulting in no profit or very little profit for farmers. The situation is further worsened by a decrease in eel meat export output this year, compared to previous years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Currently, commercial eels weighing 100-200g/eel are sold to traders in Hau Giang province for only 80,000 VND/kg and eels weighing more than 200g/eel are sold for 70,000 VND/kg. , this price is decreasing from 5,000 to 20,000 VND/kg compared to the last months of last year. With the current selling price, after deducting investment costs, eel farmers will have no profit or very little profit. Eel farmers in Hau Giang province said, the reason for the sharp drop in eel prices is due to a sharp increase in supply. Many localities in the province such as Vi Thuy district, Chau Thanh A, Long My, Vi Thanh city have developed eel farming models, especially eel farming models without mud in tarpaulin tanks, cement tanks and fed with water. industrial food. In Long My district alone, there are currently more than 1,000 households raising eels, with more than 9,200 tanks, the total number of eel breeds being raised is nearly 23.402 million. The rapid development of mud-free eel farming ...
Source: Vov

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.