Khanh Hoa: Hundreds of tons of "squash" grouper production, fishermen lost hundreds of millions

Published 2020년 8월 20일

Tridge summary

The article highlights the significant impact of the Covid-19 pandemic on the grouper fishing industry in Cam Thinh Dong commune, Cam Ranh city. The pandemic has disrupted both export and domestic markets, resulting in a drastic drop in grouper prices from 150,000 - 170,000 VND per kilogram to 90,000 - 110,000 VND per kilogram, a nearly 50% decrease. This has led to substantial losses for farmers, with some facing difficulties in selling their stock and experiencing financial challenges. The situation is particularly dire for those with large stocks, as the slow domestic market and limited purchases by traders exacerbate the problem.

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Original content

Mr. Huynh Van Hung - Head of Hoa Diem village, Cam Thinh Dong commune, Cam Ranh city said that in previous years, grouper fishermen sold at prices ranging from 150,000 - 170,000 VND / kg, even at times sold for more than 200,000 VND / kg. However, in the past few days due to the epidemic effect of Covid-19, grouper could not be exported to foreign markets. Meanwhile, the domestic market consumes very slowly, causing the price of grouper to continuously decline. Currently, the selling price is only from 90,000 - 110,000 VND / kg, down nearly 50% compared to the previous crop. According to Mr. Tran Duc Van (Cam Thinh Dong commune, Cam Ranh city), the consumption of grouper has been very slow in recent months and traders only buy in limited quantity. In the years before there was no translation, Covid-19 always sold at over 160,000 VND / kg. However, at present, the average price of grouper is only 100,000 VND / kg. With this price, farmers have heavy losses. Currently, Mr. Van's ...

Source: Danviet