Recently, the price of milkfish has been rising in Taiwan; fishermen have changed to raise clams to reduce production and increase export sales

Frozen Milkfish

Seafood

Taiwan

Price

Demand

Published Jun 5, 2023

Tridge summary

The article explains the recent surge in milkfish prices in Taiwan, with the average price now exceeding 100 yuan per kilogram. The increase is attributed to a decrease in production due to milkfish farmers converting their lands to raise clams, as well as the impact of photoelectric panels on milkfish farming. However, the Fisheries Department has reported an 18.2% increase in milkfish exports and a 28.2% increase in export value from January to April this year compared to the same period last year. The department also noted that the rising fish prices have attracted more farmers to the industry, leading to an increase in milkfish stocking volume this year. It is anticipated that the market will see price and supply stabilization in the latter half of the year.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Milkfish is an important ingredient in many cheap specialty dishes in Taiwan, but the price has been rising recently, and the average fish market has exceeded 100 yuan per kilogram. Chen Jizhong, chairman of the Council of Agriculture, said today (5) that the reduction in the production of milkfish is due to the cultivation of meretrix meretrix Instead, photoelectric panels affect less than 4% of the milkfish farming area; the milkfish price is fluctuating, and the price is high this year. The number of fish fry stocked by fishermen has increased significantly, and supply and demand will gradually stabilize. Chen Jizhong said that the longer-term factors that affect the production of milkfish are the fishermen's delay in breeding, suspension of breeding, and adjustment of sparse breeding during the epidemic. Dynamic adjustment. When the price of clams is high, we will raise clams. Now that the price of milkfish is good, the number of fry stocking will increase. As long as it is ...

Source: Agriharvest