Increase pangasius export price

Duong Ngoc Minh, Vice president of Vietnam Association of Seafood Exporters and Producers (VASEP) , said VASEP has decided to raise the price of pangasius exported to Europe from  US$3.2 per  kilogram  toUS$3.4 per  kilogram. 

Pangasius exported to the  U.S. market is now at US$3.8 per kilogram will increase to over US$4 per  kilogram.

According to Minh, pangasius price increases due to raw material shortage and high price.  raw fish price is at VND 27,000 – 28,000 per kilogram. At the end of Q1/2011, Vietnam pangasius is expected  to reach US$320 million.

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