In the last months of 2022, the demand buys raw shrimp from seafood export enterprises increased sharply, so the price of raw shrimp increased. Shrimp farmers in Bac Lieu are very excited because they have achieved good profits after a long time facing difficulties due to diseases and increasing costs of shrimp farming.
The Department of Industry and Trade of Bac Lieu province said that in recent days, the price of black tiger shrimp as well as white-leg shrimp are keeping a high level of stability. Specifically, the raw black tiger shrimp type 30 pcs/kg ranged from 250,000-270,000 VND/kg, the whiteleg shrimp type 100 pcs/kg, the price fluctuated 95,000 VND/kg, the white shrimp size 30 pcs/kg cost about 170,000 VND. VND/kg, shrimp size 20/kg, price from 250,000 VND or more.
The increase in the price of raw shrimp (5%) is good news for shrimp farmers; at the same time, helping farmers speed up the improvement and release of new production crops. The increase in the price of raw shrimp is a condition for shrimp farmers to prepare for the new farming season when the above disease is still complicated.
Although input costs have increased, but with the price of raw shrimp being kept at a high and stable level, plus minimizing production costs, reducing fan operation, reducing labor... Shrimp farmers still earn high profits.
Commenting on the reason for the recent increase in the price of whiteleg shrimp as well as black tiger shrimp, Mr. Nguyen Hoang Xuan, Head of the Bac Lieu Provincial Fisheries Sub-Department, said the market shrimp export Raw materials have many positives, businesses increase the purchase of shrimp to serve export orders, which is the reason why raw shrimp continuously increases.
Meanwhile, from the perspective of businesses, Mr. Tran Van Minh - Director of Nha Trang Seafoods Joint Stock Company said that the price of shrimp increased due to the flourishing shrimp export market. The enterprise said that during the end of 2022 and the beginning of 2023, the price of raw shrimp will continue to hold because the demand in the market is still high.
Read more: Seafood Industry Report