ANALYSIS: Record High Prices, Limited Supply Causing Buying Shift for Chinese Catfish and Pangasius
Wholesale prices for both Chinese catfish and Vietnamese pangasius frozen fillets continue to set new record highs with pangasius even climbing above 2018 levels. Contributing factors continue to point to the rise in freight, shipping delays due to logistical issues including congested ports, as well as active demand supported by the upcoming holiday and Lenten seasons.
YTD Chinese catfish imports are outpacing the previous three years for the same January through September timeframe, however, inventory levels...
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