In the week ending Nov. 6, the minimum price for a well-trimmed frozen pangasius fillet 100-percent net weight FOB from Ho Chi Minh City (HCMC) was around $2.05 (€1.90), and the high end was $2.20 (€2.10), giving an average price over the week of $2.15 (€2) -- bringing an already basement price down even lower.
For many years the bottom price for this product was around $2.35 (€2.20), according to Jean-Charles Diener, director at Vietnam-based seafood inspection and market intelligence company OFCO, meaning prices are “unfortunately” at their lowest point ever, he said.
“Once
