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China's demand for pangasius from Vietnam has increased significantly

 Last Update: 2022-08-12
 Source: Internet
 Author: User

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According to SeafoodNews on May 10, China's spending on imported pangasius in March increased by 654% month-on-month and 801% year-on-ye.
The export value of Vietnamese pangasius in February and March increased by 744% and 1374% respectively, with China being the main buy.

In the first quarter of this year, the FOB price of Vietnam’s pangasius exported to China was US$5 per kilogram, a 40% increase year-on-year, but still lower than the US FOB price of US$

For pangasius fishermen in Vietnam, despite rising market demand and prices, they still face rising feed costs, with a Vietnamese aquafeed company raising the price of fish feed by about VND 400 per kilogr.

Under the influence of the new crown epidemic and the conflict between Russia and Ukraine, Vietnamese exporters are also facing various cost increases and challenges in logistics and transportati.
Importers in China are also experiencing some uncertainty, their first concern is fluctuations in exchange rates and whether their pangasius orders will arrive on ti.

import export

In the first quarter of this year, the FOB price of Vietnam’s pangasius exported to China was US$5 per kilogram, a 40% increase year-on-year, but still lower than the US FOB price of US$

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