Week 3

Week 3

The raw materials price is rmb 11.2/kg in Hainan (some producers increased to rmb 11.6/kg) and Guangdong rmb 11.3/kg. The short materials situation will continue until May.
At present, the raw material size is very big, and the breakdown of big size has reached 50% per day. But due to shortage of raw materials, even with big size, farmers still haven’t started to rush to sell their fish.
People speculate that the price will rise to 11.4 or 11.6 after CNY. Since after the holiday, all the plants need materials to process to guarantee the workers stable.

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