There was a decrease in raw materials price this week: RMB 10.2/kg in Hainan and RMB 10.1/kg in Guangdong. This reduction did not affect the price of fillets. The supply of raw materials in Guangdong fell by 20% following the price drop, creating uncertainty about future price trends. Most factories have orders filled until the end of December, but processing is expected to halt around the end of January for the Chinese New Year. The duration for which the current raw materials will last is uncertain, with estimates ranging from 20 days to a month.
