Focus Taiwan
Date: 2016/04/03
By: Yang Ssu-jui and Christie Chen
Taipei, April 3 (CNA) A cross-Taiwan Strait deal to export Taiwanese milkfish to China has
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been suspended this year, as chilly weather in Taiwan this winter caused a decrease in milkfish production, according to the Tainan City Milkfish Aquaculture Association.
In 2011, the association and Taiwan’s Shinejia Foods Co. signed a deal with China’s Shanghai Fisheries General Corp. (Group), and later with China’s Haikui Seafood Group, to supply milkfish to Chinese buyers.
Due to the cold winter this year, however, prices for 5-inch milkfish fingerlings have tripled to NT$16 (US$0.49) per fingerling from NT$5 each last year, said Wang Wen-tsung (王文宗), head of the Tainan City Milkfish Aquaculture Association and chairman of Shinejia Foods Co.
has not fared as well as expected in the Chinese market, Wang said. [FULL STORY]