Week 1

Week 1

The raw materials price is rmb 10.8/kg in Hainan and Guangdong rmb 10.9/kg, it continues to increase with less supply. The big size materials take more percentage now. As the present materials supply, producers worry that they can’t finish the orders before the CNY.
Hainan producers said next week the raw materials supply may increase, since the farmers need to pay the feed money before Chinese spring festival, they may catch more fish.
Basically till end of Jan., all the processing in China will be stopped for spring festival.

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