Tilapia farmers are trying to push prices higher, but demand is soft, said China and Thailand-based executives from Siam Canadian Group.
Supply from China, the world’s largest producer of tilapia, is normal, said Landy Chow, managing director of the Bangkok, Thailand-based frozen seafood supplier’s China division.
“The price level is around CNY 8 (€0.98/$1.3) per kilogram, which was up from CNY 7.60 (€0.93/$1.2) per kilogram from early January 2012,” he told IntraFish.
“The farmers are trying to push the price up but demand is soft,” said Chow.
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