China’s Tilapia Industry Worsens Amid Colder Weather, Trade Issues, Other Factors
This October has seen tilapia flooding into China’s domestic market in large quantities, and its farm gate prices have started to contract and stayed below 5 yuan/jin (1 jin=0.5 kilo; $0.71/jin USD). With the coming of cold temperatures in early November, the prices have further declined rather than rebounded, and farmers have tried their best to sell their fish as soon as possible.
According to one Guangxi farmer, farmers have to sell even at losses, because of low temperatures...
To Read Full Story Login Below.