Vietnam’s rapid expansion of pangasius farming draws concerns 

By Toan Dao, SeafoodSource By Toan Dao, SeafoodSource
[Allt för snabb expansion av Pangasius-odling i Vietnam oroar]

Vietnamese authorities and industry players have expressed concerns as many farmers in Mekong Delta have rushed to develop new pangasius farming areas with the hope of cashing in on prices that have been at or near all-time highs since last year.
As prices of fingerlings and raw pangasius have risen sharply since early 2017, many farmers in the region have converted their rice fields to fish ponds, despite their lack of training or experience in farming fish. Their unplanned expansion, their use of fingerlings of low quality and their lack of farming skills will potentially result in environmental pollution, spread of disease, and imbalance of demand and supply, the Agriculture Ministry said.
Prices of fingerlings are expected to fall starting in May and June 2018, while the rates of raw pangasius are likely to go down in late 2018 or early 2019, VietnamPlus reported 27 April, quoting the Fisheries Department.

Ong Hang Van, deputy manager of local processor Truong Giang Fishery Company, agreed. He warned that oversupply of raw pangasius is likely to happen in November or December this year and price declines are inevitable, according to the daily.
China has become the biggest buyer of Vietnamese pangasius recently, and this huge market is ready to buy a “very large amount” of pangasius from Vietnam, Van said. But he added that those who do not have certificates on identification numbers for farming ponds and other necessary certifications will have difficulties in selling their products. They may be forced to sell at low prices in the future.

Läs hela artikeln: SeafoodSource 23 maj 2018 >>

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