Chinese Tilapia Shortage Could Raise Prices for US Importers During Busy 3Q Buying Period
SEAFOODNEWS.COM [Fishfirst] Translated by Amy Zhong - May 27, 2015
Predications made during a tilapia forum in China's Guangxi region suggest Chinese tilapia supplies could be down significantly in the third quarter when US buyers typically crank up their purchases.
According to the Baiyang Aquatic Group, China largest tilapia exporter, a 40 percent decline in tilapia seedling stocks has Chinese producers in position to be low on supply by the third quarter of this year.
”There is likely to be a shortage of tilapias this August and September”, said Sun Zhongyi, the chairman of Baiyang...
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