Shark catfish sold at high prices in domestic market

Prices of shark catfish in domestic market soared while the prices of those for export in the Mekong Delta provinces dropped to VND19,500-20,500 per kilogram, causing breeders to break even or suffer losses. 
At supermarkets in Can Tho city and An Giang Province, shark catfishes have benn sold at VND32,000-35,000 per kilogram. Meanwhile, at markets in Dong Thap, Soc Trang, Vinh Long, and Kien Giang provinces, the price of shark catfish have swung between VND26,000 and VND30,000 per kilogram.
A shark catfish breeder said that many breeders who raised shark catfishes for export suffered huge losses this year so they switched to raising shark catfishes for domestic market. As local market only demands large size fish instead of color of flesh, breeders can easily process feed for shark catfishes, reducing much expenses compared to raising for export.
With the current shark catfish price in domestic market, breeders earned a profit of VND4,000-5,000 per kilogram, much higher than that from raising shark catfish for export.

By Nguyen Thanh – Translated by Thuy Doan

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