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Vietnam: In the Western seafood market, snakehead fish and pangasius have continuously reduced prices, while frog meat prices have increased again

Frozen Snakehead
Published Nov 27, 2023

Tridge summary

The price of farmed snakehead fish in the Mekong Delta region has decreased by at least 5,000-10,000 VND/kg compared to a few months ago. This decrease is due to a large increase in supply and more people farming snakehead fish. The price of Pangasius meat and fingerlings in the Mekong Delta has also decreased, with slow consumption and difficult export conditions contributing to the decline. On the other hand, the price of farmed frogs has increased in the region due to reduced supply and increasing demand for frog meat.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Recently, the price of farmed snakehead fish in the Mekong Delta region has continuously decreased and has decreased by at least 5,000-10,000 VND/kg compared to a few months ago. Farmed snakehead fish of 0.7-1kg/fish or more are being sold by farmers in many places for 35,000-40,000 VND/kg, those of up to 0.5 kg/fish are priced at 30,000-34,000 VND/kg. The retail price of farmed snakehead fish in many markets is 50,000-60,000 VND/kg. Fish prices decreased due to a sharp increase in supply due to the large number of fish reaching the sale stage, as well as because people have stepped up farming recently when snakehead fish sold at high prices in the first months of the year (from 45,000-50,000 VND/kg). The price of Pangasius meat and Pangasius fingerlings in many localities in the Mekong Delta has recently decreased by at least 500-1,000 VND/kg compared to last month, down to a quite low level. Pangasius prices in the Mekong Delta decreased. Raw pangasius for export (white meat ...
Source: Danviet
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