Vietnam Pangasius Market Update : November 16, 2017
Pangasius exporters report raw material prices continue to move up. Frozen seafood suppliers have seen pangasius raw material prices rise from VND 26,000 in 2016 to VND 28,000 during Vietfish Expo in August of this year, then to VND 29,000 after China Fisheries and Seafood Expo in Qingdao earlier this month and now has further increased to VND 30,000 kg for W/R pangasius raw material. Pangasius exporters in Vietnam and frozen seafood suppliers worldwide expect prices to continue to move up.