China Tilapia prices are going up after the Chinese New Year holidays

Mar 08, 2022 China TilapiaTilapia FilletTilapia WholeChina SeafoodTilapia

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The following content is my subjective opinion, for reference only:

 

Tilapia Fish prices are going up. When the Chinese New Year just passed, in fact, the general Tilapia fish price was around 5.15 yuan/500g. But then the cold air came down and it rained a lot, then the Tilapia fish price kept going up, reaching 5.6 yuan/500g at the highest.

 

The reasons for the increase of Tilapia fish prices, I personally think are:

Firstly, there are few raw materials.

 

Secondly, the tilapia is very afraid of cold weather, and it cools down suddenly. Some soil ponds have no cold shelter measures, so some Tilapia fish freeze to death.

 

Thirdly, the international situation has led to various cost increases.

 

Fourthly, tilapia fish farmers want to earn more, and reluctant to sell at a lower price.

 

Personal analysis of the future price trend:

At present, the sales in markets are not ideal. Due to the problem of shipping schedule, the goods arrive at the ports intensively, the supply exceeds the demand.

 

For now, it depends on how is the sales situation of the peak sales season in March in the United States. After all, it is a big indicator. The African market, due to the problem of oversupply of goods at the port, which leads to customers abandoning the goods. Now everyone is worried about this problem, so I hope everyone is careful when placing orders for African market.

 

Now there are fewer and fewer people farm tilapia, because they can make more money to farm other species of fish (such as the four major fish, etc., the price increases every year and makes more money).

 

The Pearl River Delta region basically does not farm tilapia now, and now there are more tilapia in western Guangdong. Although the farming volume of tilapia this year will be more than last year, but it will not be very large volume either.

 

It is expected that the price of tilapia fish will fall around Qingming, April 5. The lowest price may be around 4.7 yuan/500g, and the stable price is expected to be between 4.8-5.0 yuan/500g. The price of the whole year should also be between 4.8-5.1 yuan/500g. It is difficult for the price to return to the previous low price. The era of below 4.0 has passed.

 

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