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Sky-high China tilapia raw material prices rise again; shipping costs also up

'Because of the record-high raw material prices, international buyers are in a difficult position, especially the US buyers [who] also bear the 25% tariff, which makes their fillet costs higher than $3.0/lb' -- tilapia processor exec

By Lewis Hu | June 4, 2024 15:46 BST
China tilapia fillets
Chinese tilapia fillets
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Prices for tilapia raw material are rising again for processors in China, who are also being squeezed by rising freight costs to the US and Europe, sources told Undercurrent News [...]

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