Vietnam exported pangasius prices reach $3.5/kg

The prices of Vietnam exported Pangasius are sold at $3.5/kg in the US, $0.5/kg higher than the floor prices

The prices of Vietnam exported Pangasius are sold at $3.5/kg in the US, $0.5/kg higher than the floor prices the Vietnam Association of Seafood Exporters and Producers (VASEP) set, the online newspaper Saigontimes reported on February 17, citing VASEP.

The exported prices of Pangasius The raw Pangasius in An Giang province are sold at the high level of VND25,000/kg, resulting from a shortage of Pangasius .

Vietnam Pangasius output is forecast to fall to 800,000 tons this year as local farmers has lost due to higher input prices.

Earlier on February 14, Vietnam seafood export is forecast to reach $5.3 billion in 2011, up 6% from 2009, VASEP predicted.

Shrimp and Pangasius are expected to remain the top export items this year. Shrimp export is forecast to fall 28% to $1.4 billion from 2010 while Pangasius export is expected to increase by 10% to $2.2 billion, Hoe said. – Stoxplus.com

Tags: pangasius