After the Lunar New Year, commercial pangasius production increased, and prices increased. Many farmers take advantage of harvesting farming ponds to sell for high profits.

GODACO farming areas are excited to harvest pangasius because of the high prices after the Tet holiday.

From the 5th day of Tet, many farmers in Tien Giang province harvested pangasius ponds at the request of seafood processing enterprises. Low supply while the demand for raw materials for factories after Tet increases led to high prices.

For small pangasius (under 1kg), the price is 28,000 VND/kg with a profit of 4,000 VND/kg, the highest profit margin seen in the past year.

According to the Tien Giang Fisheries Department, the whole province currently has nearly 170 ha of commercial pangasius ponds, concentrated along the Tien River in Cai Be and Cai Lay districts.

According to fishermen, the pangasius crop this Tet holiday was favorable, with rapid fish growth, minimal disease outbreaks, and stable prices for aquatic feed, leading to excitement among the pangasius community.

Mr. Nguyen Van Dao - a founder, and chairman of GODACO Seafood JSC e, My Tho city, Tien Giang province – shared with Representatives of the Provincial Leaders and Trade Unions of Tien Giang Province about the pangasius market.

Source: vasepvn