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Tilapia Market Report of May: Overall Price fell as Both Procurement Quantity and Price Dropped

Zoom in font  Zoom out font Published: 2016-06-02  Views: 16
Core Tip: Chinese tilapia price index of closing quotation On May 30th, 2016 were as follows: 0.6-1 jin size at 96.97 point, 2.46 less than that released on last statistics day,
 Chinese tilapia price index of closing quotation On May 30th, 2016 were as follows: 0.6-1 jin size at 96.97 point, 2.46 less than that released on last statistics day, May 16th, 2016 and 10.18 less than that in the beginning of May; 1-1.6 jin size at 97.07, 1.42 more than that on last statistics day and 6.44 less than that in the beginning of May.
 
In current producing regions, the quanity of over-winter small size tilapia in ponds was limited. However, the overall fish price dropped in Guangdong, Guangxi and Hainan whose fish were mainly for processing and exporting. The reason was that the market wasn’t active about the order, resulting in the both drop of procuring quantity and price, and the pond price was not lucrative.
 
Another reason was that the weather changed a lot since mid-May, mainly high temperatures and rainy, which caused the too much organic matter and parasitic infection in pond. Industry insiders suggest that farmers should strengthen daily management of the pond.
 
Guangdong: firsh price nearly same as last month
 
Processing factories fish procurement was still at limited amount, and the price was no big change. With a small number of orders, some processing factories would choose to shut down the work rather than purchase fish. There was no profit with the pond procurement price, which nearly was at the same level as last month. This week’s quotation at west Guangdong was 2.9-3.0/3.9-4.0 yuan/jin, Pearl River Delta region 2.9/3.9 yuan/jin.
 
Guangxi: large fluctuation in processing factories’ purchasing price
 
Present pond fish stock are mainly 50-150g size in Guangxi. This week’s tilapia pond price was basically same in this region, 5.6-5.7 yuan/jin at inner suburbs in Nanning and 5.2-5.3 yuan/jin outer suburbs; the processing factories quote the price according to the quantity, which fluctuated a lot in the range of 3.1-3.3/4.1-4.3 yuan/jin.
 
Hainan: fish price down 0.1 yuan/jin from last month price
 
One jin size above quotation was 4 yuan/jin(credit), 3.8 yuan/jin(price), 0.1 yuan/jin less than that in last month. Main fish in stock were about 150-400g size while the quantity of more than 1 jin size was small. The fish price was sluggish and only small quantity of fish were sold. Overall procurement in processing factories was also in small number. Lacking strength, the price would keep flat in short period because the weather became hotter and some areas began to catch illnesses.
 
Fujian: flat as last month
 
It’s at the ending of the market for overwinter tilapia. The quantity of the fish in market decreased. With the temperature gradually up, north part market demand was depressive, same as the overall market. This region’s price was basically flat as last month. Fish price in cold storage was 4.0-4.1 yuan/jin, market 4.5 yuan/jin.
 
Yunnan: 0.3-0.5 yuan/jin less than that of last month in Xishuangbanna
 
Small size fish was the main size in each region’s pond. More than 80% of fry stocking plan was completed. In the whole region, overall price was same with that of last month while Xishuangbanna dropped 0.3-0.5 yuan/jin. The price in Dehongzhou was 5.5-6.4 yuan/jin, Puer 5-5.5 yuan/jin, Xishuangbanna 4.5-5yuan/jin, Lincang 6-7 yuan/jin. The fish sizes were all more than one jin.
 
Last year’s stock of fish in Puer was already sold out, but less than 30% fish fry met the market size demand. Mature fish supply was in shortage. At present, the production of fish bought for wholesale decreased about 20%. The price was expected to rise in the next week; price was stable and high in Lincang with a 3 tonnes dail selling. The sellers agreed that only brought to trucks of fish to the market each day. The fry gradually grow up into big size but inner market demanded smaller size fish; Dehong’s fish stock was in line with the daily selling amount. The price was relatively stable; the stock in Xishuangbanna gradually increased, causing supply surpassing demand. Its price dropped 0.3-0.5 yuan.
 
Processing factories: same offer in this week
 
Gourmet Aquatic: tilapia price was at 3.15 yuan/jin for 300/499g, 4 yuan/jin for 500/800g(3.8 yuan/jin for 800/1000g within 30% proportion, rejecting more than 40% proportion) since May 16th.
 
Jincheng Fillet:3.1 yuan/jin for 300-500g within 40 proportion, 3.2 yuan/jin more than 40%; 4.05 yuan/jin for more than 500g. As for the frozen whole piece, 0.6 yuan/jin for less than 100g; 1.8 yuan/jin for 100-200g; 2.45 yuan/jin for 200-300g; 2.5 yuan/jin for 300-500g; 3.2 yuan/jin for more than 500g.
 
 
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