On December 5, 2016, price index for tilapia in China were as follows: 0.6-1kg size fish index closed at 100.70 points, up by 0.41 points from the last statistics collection day (November 28); 1-1.6 kg size fish index closed at 100.39 points, up by 0.38 points; 3.05 points and 10.84 points higher year on year.
This week, overall price fluctuated, slightly down. Fish prices in Guangxi Nanning, Fujian, Yunnan and other domestic producing areas were basically stable. Price increase mainly came from western Guangdong producing regions, up by 0.1 yuan/kg week by week, whose latest offer was 3.3-4.3 yuan/kg. According to local industry sources, the fish price increase was mainly caused by low stock of marketable size fish in main producing regions and processing factories. In addition, recent price rise of freshwater fish feed imposed no direct impact on fish prices. However, according to industry insiders, farmers were not active in preparing fish feed, most of them chose to cut or stop fish feed handling .
It is known that marketable fish available in west Guangdong at present was only about 30% left, mainly small size fish below 250g. Enthusiasm for over-winter culturing was also low while industry insiders predicted that future price would high likely continue to rise. But due to the end of the year, the industry generally believed that increase rate of the price would be within 0.2 yuan / jin.