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China Tilapia Market Report
September 2007
Market trend
In the past four years, China tilapia industry has generally presented an optimistic situation. Contributed from the balanced increase on farm production and market demands, the selling price of China tilapia has been relatively stabilized. With the sustainable increase on net profit, the fast-going exportation on Chinese tilapia is outstandingly getting flourishing.
Coming along with the persistent growth, however, China tilapia is also experiencing lots of unexpected impact externally on the way. Due to the dramatic expansion of farming bases in South China, the relative oversupply is prevailing in tilapia market this year, subsequently resulting in the long-lasting depression on marketing price. Under the pressure of the US detention on China seafood, decreased purchase from processors also brings out a big plummet on procurement price. In addition of the increased cost of feeds and expense on quality inspection, the whole tilapia market is going to an aggravation.
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