Seaweed price drops discouraging seekers

Residents in Ninh Van island in the central province of Khanh Hoa are not interested in seeking seaweed because price of the marine macroalgae is one third less valuable compared to that before.

This time, people in Ninh Van Island are harvesting the main crop of seaweed. Before, a person can earn VND500,000 to VND700,0000 a day from selling plant-like organisms. In previous time, seaweed is sold at VND10,000 a kilogram but this year, it fetch VND3,000 per kilogram.

People in Khanh Hoa Province usually exploit seaweed from April to August and then dry for export. Currently seaweed export demand decreased resulting in lower price.

By Van Ngoc - Translated by Uyen Phuong

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