Shortage in raw pangasius next year

After floods in September, many hatcheries in An Giang, Dong Thap province (the key pangasius farming areas in the Mekong River Delta) are encountering a lot of hardships due to massive loss and shortage of juveniles for restocking. These factors are combining to outlooks for the scarcity of raw material for processing and exporting in the upcoming time. Shortage of pangasius seed According to Mr. Nguyen Huu Nguyen in An Giang Fisheries Association (AFA) who have 2 affected pangasius hatcheries in the past floods said, because of a lack of fish seed in An Giang, there is a limited supply for the local fish farmers.Many hatcheries lost 50-90 percent, leading to a shortage of fish seed for restocking, Mr. Nguyen said. Mr. Nguyen Hoang Minh, a fisheries expert also agrees with Mr.Nguyen’s analysis.The raw material supply expected to downturn it is sure that the current lack of seed will lead to shortage of raw pangasius next year. Raw pangasius for processing and exporting next year will continue to be deficient, Vice Chairman of the Vietnam Association of Seafood Exporters and Producers (VASEP) Duong Ngoc Minh said. Although the supply of raw pangasius is forecasted to go down, its price will still keep firm, Mr. Nguyen Huu Nguyen said.

Source: Vasep

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