Tilapia Prices Increase in China
During this mid-March, China’s farm gate price of tilapia increased by about 11.2% to 5.8 yuan/jin (1 jin=0.5 kilo) compared with the same period last year. It has gone up by 9.5% from the early March, according to statistics from Agricultural Wealth. The main reasons for this increase are said to be linked to farmers changing to other fish species in Guangdong. It's resulting in supply contraction, and they're waiting for higher prices.
In places like Jiangmen of Guangdong, for instance...
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