Catfish prices recover sharply

Workers process catfish at Nam Viet Seafood Company (Photo: SGGP)
Catfish prices have rebounded to record levels in the Mekong Delta after shrugging off last year’s demand crisis.

Top quality fish now fetches VND17,000 a kilogram and second grade stuff VND16,000-16,200. At these prices farmers are expected to make a profit of VND1,000-2,000 a kilogram.

The Mekong Delta Seafood Association said the prices have recovered because production has fallen sharply since many farmers are in debt or broke, while demand is on the rise.

By B.Dai – Translated by Sao Khue

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