In Hainan, most factories resumed operations, and the raw materials price rose to RMB 8.6/kg. In Guangdong, the price ranged from RMB 8.4-8.6/kg as factories restarted later in the week. The market was processing smaller volumes initially, as not all workers had returned, and Guangdong did not collect raw materials from Hainan. The expectation was that raw materials supply would be short in the first half of the year, but the actual collection rate was lower than anticipated. The US lent season was approaching, with new purchases expected around April. Many factories planned to attend trade fairs or visit clients to gain insights into international markets. The domestic market saw good sales in restaurants during the holiday, leading to new orders for products like butterfly tilapia.
