24 Sep 2020

ChinaTip #0497

Chinese seafood market situation in September and forecast.

With the end of the fishing ban season, the volume of marine fishing products on the market increased, while the freshwater aquaculture products continue to stay on the market. The upcoming Mid-Autumn Festival and National Day and the current high price of pork meat will trigger the increase of aquatic products consumption. Therefore, it is expected that the price of aquatic products in the following period will show a steady and rising trend.

Furthermore, in September the schools opened normally and the social-economic order stabilized. The national holidays will encourage group-dining consumption. Following several outbreaks of pandemic, the circulation management of the imported products has become more standardized, the social emergency response capabilities have been greatly improved, and consumer confidence has gradually recovered.

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Categories: General

Tags: china market, consumer confidence, covid-19, Mid-Autumn Festival, National Day


This post was written by: Lily - Senior Analyst

Lily - Senior Analyst

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