Prices

See all articles

Vietnam shrimp prices soar after Tet holiday

Prices are expected to remain high or continue to rise until the peak harvest season three months from now

Prices of raw shrimp have been increasing rapidly in the Mekong Delta since early February when shrimp processors returned to work soon after the Lunar New Year holiday (Tet), according to the Ministry of Agriculture and Rural Development, reports Vietnam Plus.

In major shrimp farming provinces such as Kien Giang, Ca Mau and Soc Trang, the price for 30 pieces-per-kilo (ppk) size black tiger shrimp has risen by VND 20,000 (€0.83/$0.88) per kilo to VND 230,000 (€9.60/$10.10) to VND 240,000 (€10/$10.60).

The price of 40 ppk shrimp rose by VND 10,000 (€0.42/$0.44) to VND 180,000 (€7.50/$7.90) to VND 190,000 (€7.90/$8.40).

White-legged shrimp prices have increased by similar levels to VND 150,000 (€6.30/$6.60) to VND 165,000 (€6.90/$7.30) and VND 140,000 (€5.80/$6.20) to VND 150,000 (€6.30/$6.60) for 50 and 60 ppk sizes.

The prices are expected to remain high or continue to rise until the peak harvest season three months from now, said the paper.

---

For more seafood news and updates, follow us on Facebook and Twitter or sign up for our daily newsletter.