Week 29

Week 29

The raw materials price is rmb10.6/kg in Hainan and rmb 10.8/kg in Guangdong. There is small decline for the fish supply in Hainan area, and basically both Hainan and Guangdong materials situation is stable now.

The last winter fish were almost caught, and most of the spring fish are not the time to be in the market yet.

Due to high materials price from last year, the enthusiasm of the farming is high; as the estimation, the farming quantity is about 30% higher than the last year in the spring time. More fish supply will be in Sep. or Oct.; at that time, peoples predict that the price will go down.

 
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