In March, the price of tilapia in
Guangdong and
Hainan is stable but decreases slightly.
lack of orders forces tilapia processors to cut down their material purchasing or put down the price.But the present price of tilapia has almost reach the bottom and farmers feel it has already reached the edge of gaining negative profit in selling tilapia with such price.If processors further lower the purchase price, it may probably seriously affect this year’s total amount of fry stocking.
It is estimated by analyst that Maoming city, the major areas of tilapia in
Guangdong, by now still has up to 20,000 to 30,000 tons of tilapia in stock and account for about 15% of the city’s whole productivity.
At the same time, the fry stocking last winter in
Guangdong have already grown to be about 150 grams per individual now. If the export sector keep decreasing, the price is expected to continue to go down and it is very likely to drop to under 6 yuan per kilo in June and July, the time usually for first ouput of tilapia to be on sale in the market.