Chinese tilapia prices slip as 30% US tariff rate looms

(10/08/19)

Chinese tilapia prices have slipped back as processors in the country face an impending 30% US import tariff rate, while supply is higher following seasonal increases in production, according to local media and industry sources.

In Zhanjiang, Guangdong province, a major production region, prices of tilapia, 500 grams and above, live weight, have fallen to CNY 8.20 per kilogram ($1.15/kg), according to Siam Canadian, a Bangkok, Thailand-headquartered supplier of frozen seafood with operations in China.

This is down from CNY 8.80/kg in June, and....................................................


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