Price of raw black tiger shrimp hit record

 Shrimp price rose due to farmers focused on cleaning ponds for new crop, leading to lack of raw material. Moreover, demand for seafood products rose sharply in the global market and member entreprise of CASEP (Ca Mau Seafood Exporter and Producer association) signed more export contracts with partners, espacially Japanese partners.

According to Ca Mau Association of Seafood Exporters and Producers, raw black tiger shrimp price now hit record high in past ten years. Black tiger shrimp price (count 20 pc/kilogram) is at 260,000 VND per kilogram, count 30 pc/kilogram at 190,000 VND per kilogram, count 40 pc/kilogram at 155,000 VND per kilogram and whiteleg shrimp price (count 100 pc/kilogram) is at 85,000 VND per kilogram.

Shrimp price rose due to farmers focused on cleaning ponds for new crop, leading to lack of raw material. Moreover, demand for seafood products rose sharply in the global market and member enterprises of Camau seafood exporters and producers signed more export contracts with partners,especially Japanese partners.

Currently, high black tiger shrimp price encourages Camau farmers to invest in raising shrimp with expectation of next bumper crop.

Along with traditional extensive shrimp farming, farmers also give priority to develop high productivity extensive shrimp farming with over 3,500 ha; industrial shrimp farming with 2,800 ha, whiteleg shrimp farming with 13 ha. These areas is expected to increase significantly.

Source: VASEP

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One Response to Price of raw black tiger shrimp hit record

  1. Pingback: Shrimp Farming - FISHING WORLD – FISHING WORLD

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