Week 39

Week 39

The tilapia market experienced a notable shift this week. In Guangdong, the raw materials price started to decrease, settling at RMB 10.9/kg, a reduction from the previous week’s RMB 11.2/kg. This decline was attributed to the financial strain on factories, as continuing at the higher price point would lead to significant losses. Moreover, an upcoming national holiday meant a temporary pause in processing activities. Despite this price adjustment, the overall market sentiment remained cautious due to a substantial year-round reduction in farming quantity, estimated at around 40%. This trend indicated a potentially limited supply for the rest of the year, prompting many clients to adopt a wait-and-see approach, particularly with the expectation of more orders in October.
Aumento en la demanda de tilapia congelada debido a las tensiones comerciales globales.

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