Mekong Delta Pangasisus prices sharply increase, big profits for breeders

Pangasisus fish prices in the Mekong Delta remained high swinging from VND28,000-29,000 a kilogram in year end days, the highest level for the last many years, said deputy chairman of Seafood Farming and Export Association in An Giang province yesterday.
 A pangasius fish processing plant (Photo: SGGP)
A pangasius fish processing plant (Photo: SGGP)

The prices bring breeders VND5,000-7,000 a kilogram in profit, forecast to keep high in coming days as export has been advantageous while the fish supply in the delta has not much increased.

Vietnam Association of Seaport Exporters and Producers reported that the country’s seafood export turnover topped US$8.3 billion last year, up 19 percent over 2016 and the highest ever so far. Of these, pangasius fish export approximated $1.8 billion.

In 2018 plan, the country strives for $8.5 billion seafood export turnover.