Tilapia prices started moving up in July off a low in June and have continued to move up through August. Reason is not completely clear but seems most likely factor is that many China tilapia exporters have been rushing out shipments to USA

Hainan is the top production area for Tilapia exports from China with 6 of the top 10 Chinese Tilapia exporters based on the Island. While Chinese exports of raw tilapia fillets to the US market have been declining shipments of Tilapia

Current China raw material price from tilapia suppliers is RMB 9.00/KG compared with RMB 8.20-8.30/KG in December 2017. The main reason for the increase is farmers in Guangdong sold most of their fish in January prior to Chinese New Year.