ANALYSIS: Chinese Catfish Facing Supply Constraints, Record Pricing
Like many other commodities, Chinese catfish is continuously breaking records with higher pricing reported week after week. Skyrocketing freight costs, logistical issues including problems at the departure ports in Guangdong and delays at the domestic arrival ports, and an active demand that is outpacing supply are the main factors attributing to the premiums. In addition, domestic catfish is also demanding record prices due to production setbacks stemming, in part, from labor shortages, having some buyers look towards imported product
Due to the limited supply entering the market...
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