EU wants to import more tra fish

Businesses at the European Seafood Exposition in Belgium have affirmed that they will import more tra fish from Vietnam in summer, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).

In addition, the US and Brazil will continue to import Vietnamese tra fish.

VASEP has decided to will raise export prices in the third quarter of 2011 by US$0.2-0.3 per kilo. The price will increase from US$4.2 to US$4.5 per kilo in the US market and from US$3.4 to US$3.6 per kilo in European markets.

However, farmers dare not expand production on account of high loan rates and input costs, as well as difficulties in accessing capital. Currently, businesses are purchasing tra fish at VND28,000 per kilo. – VOV

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Posted by VBN on May 12 2011. Filed under Sea food. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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