In April and May 2024, the price of pangasius at the farm and pangasius fingerlings was stable. However, prices may increase due to supply shortages if farmers raise fish slowly.

As of mid-May 2024, raw pangasius in the Mekong Delta ranges from 27,500 - 28,000 VND/kg. Fish farming households and businesses adjust farming output appropriately to meet export needs.

Previously, in the first month of this year, the price of catfish at the pond for the small size 800 - 1,200g increased by 4%, while the price of 1,200g and larger than 1,200g increased by 7%. Demand increased due to concerns about supply shortages to serve consumption during and after the Lunar New Year holiday, causing prices of raw fish and fingerlings to increase. In February 2024, the price of pangasius fingerlings continued to increase by 2%, because the price of raw fish at the pond increased after the Lunar New Year holiday, leading to increased demand for fingerling fish. However, at the end of February 2024, the supply of pangasius fingerlings is still limited with a high stocking loss rate.

Large fish are especially popular in the Chinese market. In the 19th week, the price of pangasius type 1200g+ was at 27,615 VND/kg; The price of small-sized pangasius from 800gr - 1000g has stabilized at about 27,010 VND/kg; The price of fish 1000gr - 1200gr increased in week 18 and was at 27,250 VND/kg.

In April 2024, raw pangasius prices continued to decrease by 0.3% -3%, because the purchasing speed of large enterprises was still relatively slow and the amount of purchasing from outside farms was limited. Small processing enterprises also purchase raw materials at low prices and take early holidays in April.

In contrast to China, the US and EU markets consume more than 800gr - 1000gr of raw pangasius. The price of 100% net weight pangasius fillets meets EU export standards at 2.7 USD/kg.

The price of fingerlings decreased by 7% in April 2024 and in week 19 (May 4-10, 2024), the price reached 25,700 VND/kg for 30 fish/kg.

Farmers are hesitant about raising fingerlings, which could lead to a tight supply of raw material harvest, leading to a supply shortage at the end of August or September this year. The reason why farmers are hesitant to expand pond area is that most input costs are much higher than in previous years and the decrease in pond prices in March 2024 also leads to a decrease in profits. reduce. However, raw pangasius prices may recover this year thanks to strong demand from China, the US, the EU and some other markets, as inventories have decreased, and the supply of other types of white fish Tilapia is also scarce.