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Delta Raw Shrimp Prices Soar

Rachel Ralte
09 March 2017, at 12:00am

VIET NAM - Prices of raw shrimp have been increasing rapidly in the C?u Long (Mekong) Delta since early February when shrimp processors returned to work soon after T?t (Lunar New Year), according to the Ministry of Agriculture and Rural Development.

Viet Nam News reports that in major shrimp farming provinces such as Kiên Giang, Cà Mau and Sóc Tr?ng, the price of thirty-pieces-per-kilo (ppk) size black tiger shrimp has risen by VN?20,000 (US¢90) per kilogramme to VN?230,000-240,000.

The price of 40 ppk shrimp rose by VN?10,000 to VN?180,000-190,000.

White-legged shrimp prices have increased by similar levels to VN?150,000-165,000 and VN?140,000-150,000 for 50 and 60 ppk sizes.

The prices are expected to remain high or continue to rise until the peak harvest season three months from now.

Farmers are also preparing to begin a new brackish-water shrimp crop though activities have seen a downturn due to unpredictable weather, wide day-night temperature gaps and unseasonable rains that affect the water and cause possible shrimp disease outbreaks.

But despite all that the output of brackish-water shrimp is expected to be higher than last year.

Nearly 98 per cent of the country’s 448,000 hectares of brackish-water shrimp farms is in the delta.