Scarce supply has resulted in sharp rise in shrimp material price in some Mekong Delta provinces.
In Bạc Liêu, farmgate price of white leg shrimp size 100 pcs/kg ranges at 95,000-97,000 dong/kg, black tiger shrimp size 40 pcs/kg is sold at 183,000-255,000 dong/kg. The sharpest rise was recorded in white leg shrimp size 30-40 pcs/kg (140,000-160,000 dong/kg, up 25,000 dong/kg as compared to August 2018).
In Vĩnh Châu of Sóc Trăng, farmgate price of white leg shrimp size 40 pcs/kg is 146,000 dong/kg, size 30 pcs/kg is 175,000 dong/kg, up more than 40,000 dong/kg from the previous months.
In Bến Tre, the offer price of white leg shrimp size 20-30 pcs/kg is 175,000-190,000 dong/kg, up over 50,000 dong/kg from the last three months and shrimp size 100 pcs/kg rises slightly by 100,000 dong/kg.
According to experts, shrimp price is showing no sign of fall and expects to keep rising; however, farmers are warned not to engage into the mass stocking to prevent from surplus supply, especially when shrimp price is depending on the Chinese market.