Week 20

Week 20

The market saw raw materials prices in Hainan at RMB 8.2/kg and in Guangdong at RMB 8.0-8.1/kg. Following the Barcelona fair, factories reduced their offers, leading to an increase in inquiries and small orders. One notable order was placed by a major US retailer for around 200-300 containers, albeit at lower prices.. These narrative-style tips provide a comprehensive overview of the tilapia market’s dynamics, offering valuable insights into price trends, supply challenges, and market responses.

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