Price of material shrimp increases in August
Price of material shrimp, especially tiger prawn, was on the rise in August, said the Ministry of Agriculture and Rural Development.
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The surge is attributed to increasing demand of aquatic product processing plants due to a shortage of material shrimp.
In Bac Lieu, for example, the price of tiger prawn rose VND20,000 against last month to VND215,000 while that of white leg shrimp slightly climbed VND1,000-3,000 to VND130,000 per kilo.
Raining in August made a huge change in pond temperature, resulting in a drop in salinity level. Sudden change of weather also weakened shrimp’s resistance and growth.
However, local authorities have increased monitoring of breeding facilities and warning of diseases on aquatic products, ensuring stable growth of brackish water shrimp.
Breeding areas for brackish water shrimp nationwide reached more than 679,000ha in eight months, a rise of 4.2% year-on-year. Meanwhile, white-leg shrimp farms covered 63,000ha and that of tiger prawn was 580,900ha.
