MARKET ANALYSIS
Vietnam's aquaculture production up 3.3% in May
Vietnam's aquaculture production in May reached 370,000 tonnes, up 3.3% over the previous year. In the five months through May output totalled around 1,235,000 tonnes, up 2.4% year-on-year.Processing enterprises continued to boost the purchase of raw fish for exports, especially exports to China. The price of pangasius in May remained at high levels of VND24,000-VND26,000 (US$1.06-$1.15) per kilogramme.
Pangasius output in the first five months in Mekong Delta provinces totalled 465,900 tonnes, up 11.1%, while the farming area hit 3,092 hectares, down 6.2% year-on-year.
The harvest output in provinces with the largest yields all increased, such as An Giang province (+11.8%), Dong Thap province (+3.2%) and Can Tho province (+50.1%).
The price of fingerlings with the size of 1.5-2.5 centimetres ranged from VND27,000 to VND50,000 ($1.19-$2.20)/kg.
The farming area of brackish-water shrimp in the country totalled 597,000 ha, up 6.8%, with the yield of 144,000 tonnes, up 46.2% year-on-year.
Some industrial shrimp farmers in the Mekong Delta have started to harvest their crops. The price of shrimp quoted at high levels. Of that, the price of black tiger shrimp for the size of 15 pieces/kg was VND340,000 ($14.97) and that for the size of 25-30 pieces/kg was VND230,000 ($10.13).
Source: Vietnam Association of Seafood Exporters and Producers
