China: Tilapia Farm Gate Prices Mostly Rise as Retail Prices Dip
During early October, farm gate prices of tilapia have increased in many regions of China compared with the previous week, and markets look hustling with trucks driving there for purchase. However, retail prices have either stayed stable with little increase or shown signs of contraction.
In Hainan, for example, farm gate prices of mid-sized tilapia have raised by about 0.05 yuan/jin (1 jin=0.5 kilo), according to statistics from Fishfirst. Apart from limited supplies, trucks driving there from Zhanjiang to buy are also one main reason...Full Story »