
Eel farmers in China are losing about 8,000 to 20,000 yuan per ton as market prices fall below farming costs, according to the Fujian Eel Industry Association. Farming costs are about 50,000 yuan per ton against a selling price of about 40,000 yuan.
Feed costs have risen from about 20,000 to 30,000 yuan per ton, with fishmeal prices up from 13,000 to 26,000 yuan per ton, while higher fry supply and weak domestic demand add pressure.
A sharp rise in fishmeal prices is squeezing aquaculture margins, and it signals tight fishmeal supply for feed buyers. Weak eel demand could limit farmers' willingness to pay for feed in the near term.
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