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Tra fish prices tipped to rise due to undersupply

Update: September, 12/2012 - 09:47

AN GIANG (VNS) — The price of tra fish will soon increase due to a lack of raw materials, the Viet Nam Association of Seafood Exporters and Producers have forecast.

The association said that processing plants would see shipments of the fish reduce by roughly 30 per cent. The decrease is due to a reduction in aquaculture by farmers following recent financial losses.

The price of tra fish has surged to VND23,500 (US$1.1) per kilo, following a month where the cost remained consistent at VND22,000 ($1.04) per kilo.-VNS

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