The raw materials price is rmb10.4/kg in Hainan and rmb 10.4/kg in Guangdong.
In Guangdong, it is the time for fish into the market intensively, and raw materials price reduced from rmb 11.3/kg-rmb 10.6/kg-rmb 11/kg-rmb 10.1/kg-10.4/kg in two weeks; Affected by this, Hainan materials supply is better than last week, the farmers worry about more reduce for the price and hurry up to sell the fish even the fish is still thin.
During the week, there is 1 day in Guangdong that the price to rmb 10.1/kg, then the materials supply suddenly reduce, and the raw materials price rebounded to rmb 10.4/kg; following by this, Hainan materials supply is also reduce. The quantity is very sensitive with the price now.
There are still lots of clients contacting with plants to place orders, but the plants couldn’t accept at the moment since big orders pending to process now.
The sea freight also reduce, Israel now is $5700-6000 and EU around $4800 from Hainan port.