By Seafood.com NEWS
Seafood News [based on Shuichan News] Translated by Amy Zhong July 3, 2014
In the west part of Guangdong, China, many farmers in Zhanjiang and Maoming have undergone a complicated psychological transformation and started to feel negative about tilapia farming, owing to the unstable price during the past few months.
This is the conclusion a reporter from Shuichan has come up with about the tilapia industry in Guangdong, based on the information gathered from the field trips and the updates about tilapia aquaculture in different areas.
Because of the uncertainties in tilapia aquaculture, the information below is only presented for the readers’ reference, although the reporter has tried to include all the imaginable factors in the analysis so as to avoid misleading the readers and leading to any loss.
The tilapias were priced at around CNY 6 / jin (1 jin = 0.5 kilo) last month, but the price dropped to about CNY4.9 /jin two weeks ago. And now the tilapia price rises slightly to around 5.1 yuan/jin.
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