With the price of wood pellets increasing sharply, and standards requirements increasing, Vietnamese farmers may not be able to come to the aid of a cold Europe this winter as much as was hoped.
Tra fish exports anticipated to soar by 50% in second quarter of this year (Source: VOV)Moving forward, tra fish prices will see an upward trend in the near future because of a shortage of raw materials potentially lasting until the end of the second quarter of the year, VOV cited the saying of the association. Last year, due to the joint impact of the COVID-19 pandemic and supply chain disruption, many Tra fish farming households were unable to breed according to this year's aquaculture plan. Furthermore, production, import, and export activities have been affected in many ways by drought and saltwater intrusion in the Mekong Delta, whilst a spike in food prices, international freight rates, and fuel prices over recent years have led to a shortage of Tra fish supply from the beginning of the year. This scarce supply coupled with increasing demand is the primary factor that has caused the price of raw tra fish to be driven up, the VASEP analyzed. Currently, the price of raw Tra fis