Week 49

Week 49

This week, there’s been a reduction in Hainan’s materials supply, with availability around 60-70% of typical levels, and a noticeable decline in pond storage. The materials price is RMB 10.2/kg in Hainan. Guangdong’s material price ranges from RMB 10.2-10.3/kg with a normal supply quantity. However, there’s concern over completing orders before the Chinese New Year due to these supply issues. On the farming front, the fry are currently in short supply due to winter weather conditions, so a significant increase in farming quantity is not expected before May. Prices are anticipated to be stable until then, with an increase in fish supply and potential price decrease in the second half of the year.

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