Fisheries Sector Update Report – First 6 Months of 2021
Export prices of pangasius have rebounded, maintaining an average of $2.3/kg since the beginning of the year — a significant recovery from the low base of $1.8–$2/kg in 2020.
The rise in pangasius prices indicates that demand from major markets such as the EU and the US has recovered post-COVID.
We expect pangasius prices to continue trending upward through October–November 2021, as the industry enters its peak season starting from July and August.
Smart Invest Securities Company updates on the Seafood Industry in the first 6 months of 2021
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