This week saw raw materials prices at RMB 8.0/kg in Hainan and RMB 8.4/kg in Guangdong for sizes 500-800g. A continued increase in Guangdong’s prices could lead to factories collecting fish from Hainan, potentially raising prices there as well. The market trend pointed towards a price increase, influenced by the order situation and stock levels at the factories. The USA market remained slow, with other markets showing slightly better activity. Notably, there was a particular shortage in the supply of larger-sized fish.This week saw raw materials prices at RMB 8.0/kg in Hainan and RMB 8.4/kg in Guangdong for sizes 500-800g. A continued increase in Guangdong’s prices could lead to factories collecting fish from Hainan, potentially raising prices there as well. The market trend pointed towards a price increase, influenced by the order situation and stock levels at the factories. The USA market remained slow, with other markets showing slightly better activity. Notably, there was a particular shortage in the supply of larger-sized fish.
