The IPO, if successful, would value the firm at CNY 2.42 billion, making it one of China's largest listed seafood companies
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Tag Archives: Asia
Philippines’ shrimp sector expects better 2022 after 7% drop in output
Shrimp production in the Philippines is expected to drop slightly from 64,578t in 2020 to around 60,000t in 2021 due to COVID restrictions, weak demand and rising costs Continue reading
Vietnam’s pangasius prices to keep rising into H1 2022 with raw material short
The bottleneck in Vietnam caused by coronavirus looks set to go on impacting exports long into 2022, with one US importer estimating any successful orders now won't reach their destination for months Continue reading
Vietnamese insect meal producer close to fishmeal price parity as it plans vast scale-up
Entobel believes it is the most competitive insect meal producer out there, as it reveals its recent investment from Vinh Hoan is just a part of its ongoing funding round Continue reading
Dalian’s COVID outbreak under control, but frozen seafood business still blocked
Strict measures against coronavirus saw a positive result in controlling the outbreak, but Dalian authorities had no updates on when cold-chain businesses can return to normal Continue reading
Siam Canadian: No improvements for Thai shrimp freight costs, supply volumes until Q2 2022
Most producers no longer offer any shipments of larger shrimp before the end of 2021, while freight costs are set to still be 40-50% above 2019 levels next year Continue reading
Bangkok skipjack prices leap, Manta increase also expected
The prices for skipjack tuna for delivery to Thailand's capital of Bangkok in November have risen by over $200/t on October, sources told Undercurrent News Continue reading
Dalian suspends frozen seafood businesses amid COVID outbreak
Officials in the Chinese port city of Dalian have suspended all companies in the frozen seafood and food supply chain amid a COVID-19 outbreak, according to reports Continue reading
Thai Union Q3 profits dip as post-COVID canned sales normalize
Frozen and chilled seafood have continued to improve y-o-y, but were not enough to offset the return to normality of last year's ebullient shelf-stable tuna sales Continue reading
Vietnam shrimp prices still rising amid new COVID case concerns
Several large companies have experienced coronavirus outbreaks, with production expected to be hit at the start of November; the situation may cause prices to flatten Continue reading
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