Farmers gain as tra fish prices soar 20-year peak

Tra fish is processed at the Hung Ca Company in the southern Dong Thap Province. (Photo: VNA)HCM City (VNA) - After keeping costs low for so long, tra fish prices shot up recently, yielding higher profits for farmers.Processors buy the fish for 22,000 VND - 22,500 VND per kilogramme, an increase of 4,000 VND since early March.This allows farmers to earn profits of 2,000-3,000 VND per kilogramme.The Cuu Long (Mekong) River Delta has more than 6,000ha of tra fish farms, mainly in the provinces of Dong Thap, Ben Tre, An Giang, Vinh Long, Can Tho and Tien Giang.With prices below…... [read more]

  Workers process tra fish for export at Southern Fishery Industries Co Ltd. Tra fish prices fell on lower demand after New Year. — VNA/VNS Photo Duy Khuong HCM CITY — The price of tra fish bought at the farm has edged down after the Lunar New Year in Dong Thap and An Giang provinces due to a fall in demand as processors are yet to resume buying. White meat tra bought directly from farmers by traders now costs VND25,000-25,500 (US$1.20) a kilogramme, down VND500 since last month. Yellow meat tra has fallen by VND200-500 to VND24,000-24,500 ($1.15). Le Chi…... [read more]

After skyrocketing to 10-year highs in April, tra fish price has shown signs of cooling down and is forecast to be more stable in the second half of this year.According to the Viet Nam Association of Seafood Exporters and Producers (VASEP), the price of raw tra fish in the Cửu Long (Mekong) River Delta is currently fluctuating at some VND25,000-26,500 (US$1.2) per kg, from a high of VND29,000 in April.However, it was VND2,500-3,000 per kg higher than the same period last year.In the second half of this year, the increase in harvested fish and tra fish breeds will make up…... [read more]

With the price at VND27,000 - 29,000 (US$1.2 – 1.3) a kilo last month, farmers earned a profit of VND4,000 – 6,000 a kilo, according to the Ministry of Agriculture and Rural Development’s Directorate of Fisheries. In previous years, tra fish farmers faced low prices and sales.However, last year, farmers made a good profit because of the high price and many sales, according to a representative of the Chau Thanh District Tra Fish Breeding Co-operative in Dong Thap Province.The price of tra fish often falls in December because exporters normally complete their export contracts during that month.Ho Kim Thoa, a tra fish farmer in Dong Thap Province’s Hong Ngu…... [read more]

Illustrative image. (Photo: VNA) Hanoi (VNA) - Prices of tra fish for processing haveincreased in response to high demand from the Cuu Long (Mekong) Delta provinces.The Dong ThapAgriculture and Rural Development Department said, in Dong Thap province, theprice has surged by 3,000-4,500 VND per kilo year-on-year to 22,000-25,000 VNDfor tra fish pieces, weighing 0.7-0.8 kilo per unit year-on-year.Meanwhile, the price of tra fish varieties also went up by 10,000 VND per kiloto 35,000-36,000 VND for 30 units per kilo some two months before the Tetfestival because of the higher prices of tra fish pieces.The province has dedicated 2,000ha of land to…... [read more]

AN GIANG (VNS) — The price of tra fish will soon increase due to a lack of raw materials, the Viet Nam Association of Seafood Exporters and Producers have forecast. The association said that processing plants would see shipments of the fish reduce by roughly 30 per cent. The decrease is due to a reduction in aquaculture by farmers following recent financial losses. The price of tra fish has surged to VND23,500 (US$1.1) per kilo, following a month where the cost remained consistent at VND22,000 ($1.04) per kilo.-VNS... [read more]

Price spike sparks tra fish farming rushThe Saigon Times Daily HCMC – Many farmers in the Mekong Delta are racing to breed tra fish (pangasius) as tra fish prices have climbed to VND27,000 a kilo, the highest in recent years, Tuoi Tre newspaper reports. Experts ascribed the increase in tra fish prices to strong exports to the Chinese market but China is a highly unpredictable market. Therefore, farmers may face heavy losses if market conditions turn tough. Pham Thanh Nhi, head of the Agriculture Division in Hong Ngu District in Dong Thap Province, said local farmers have shifted from growing…... [read more]

Tra fish farmers yet to receive financial aidBy Trung Chanh - The Saigon Times DailyCAN THO – The VND9-trillion bailout package for tra fish traders and farmers recently passed by the Government has pulled up raw material prices, but farmers have yet to access financial support.Over the past two weeks, raw tra fish prices in the Mekong Delta have risen by VND3,500-4,000 to VND22,500 per kilo for export-qualified fish.Still, tra fish growers are suffering heavy losses. Many farming households with underage fish have to raise their stocks with homemade feed.Nguyen Huu Nguyen, a tra fish farmer in Chau Phu District,…... [read more]

Tra fish farmers incur huge losses on price dropBy Trung Chanh - The Saigon Times DailyAccording to the An Giang Fishery Association (AFA), seafood exporters in An Giang Province are buying export-quality raw tra fish at VND20,000-22,500 per kilo, while fish of lower grade is priced at VND18,000-19,000 a kilo.In Dong Thap, Can Tho and Vinh Long, material tra fish prices are hovering around VND19,000-22,000 per kilo, down VND500-2,000 a kilo against two weeks ago. Compared to the highs months ago, the price has tumbled by nearly VND10,000 a kilo.In explaining the tra fish price drop, AFA vice chairman Le…... [read more]

>>Tra fish removed from WWF’s red listHigh bank loan rates have cut heavily into profits of tra fish farmers in the Mekong Delta while the price of the fish is high. A boy harvest tra fish raised beneath a float in the Mekong Delta in a file. In Dong Thap Province, tra fish prices are VND24,000-25,000 (USD1.16-USD1.2) per kilo and VND23,000-24,000 per kilo for white and yellow flesh respectively. The prices mean VND6,500 a kilo in profit for farmers if bank rates are excluded.Tran Van Hung, general director of Hung Ca Co. Ltd., said most profits are siphoned off to…... [read more]