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Thai Union to buy 500t of snapper to help Thai fish farmers

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Thai Union to buy 500t of snapper to help Thai fish farmers

By THE NATION

 

800_bbe170d22530df9.jpg?v=1570152952

Rittirong Boonmechote

 

Rittirong Boonmechote, president of frozen food and related businesses at Thai Union Group Plc (TU) revealed on Thursday (October 3) that the company is preparing to buy 500 tonnes of snapper from Thai fish farmers for Bt90/kg after an influx of illegally imported fish from Malaysia caused the price to drop to Bt55/kg.

 

“For the farmers who have registered for the price guarantee scheme, TU will buy the fish at the price of Bt120/kg.,” he said.

 

Rittirong further explained that total domestic snapper production in 2019 was 80,000 tonnes, a 14-per-cent increase over the previous year. “If there were no imported fish from Malaysia, Thai farmer should have no problem selling their fish in stock, since snapper is popular with Thai consumers,” he said. “Most importantly, Thai farmers are following the strict standards of the Fishery Department in producing high quality fish that is safe to eat, unlike fish from Malaysia, which is currently entering the market at around 100,000 tonnes per week."

 

Although TU has no demand for snapper at the moment, the company is willing to help Thai farmers since it has enough frozen chambers and preserving equipment. “We believe that it should take around a month and a half to reduce the excess fish supply, then the snapper price should slowly go back to normal,” he added.

 

Meanwhile, Thanaporn Sriyakul, Department of Fisheries’ adviser for Illegal, Unreported and Unregulated (IUU) Fishing, said that his department will try to eliminate illegally imported aquatic animals by beefing up border checkpoints and using special units to patrol land and marine transport routes. “Moreover, we will discuss with the Commerce Ministry the possibility of issuing anti-dumping measures to prevent cheaper, low quality fish from neighboring countries from ruining domestic market,” he added.

 

Source: https://www.nationthailand.com/news/30377051

 

nation.jpg

-- © Copyright The Nation Thailand 2019-10-04

Big fish-dinner-buffet at Government House?

Edited by StayinThailand2much

Snapper and chips yum yum

 

Just up Soi 23 near Cowboy? Slapper and chips

  • Popular Post

“Most importantly, Thai farmers are following the strict standards of the Fishery Department in producing high quality fish that is safe to eat (yeah...sure!) , unlike fish from Malaysia..." (citation needed!)

  • Popular Post

So, there is 100,000 tonnes coming from Malaysia every week ...

And they buy 500 tonnes ...

 

I call this story BS !!! Propaganda !!!

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9 minutes ago, brain150 said:

So, there is 100,000 tonnes coming from Malaysia every week ...

And they buy 500 tonnes ...

 

I call this story BS !!! Propaganda !!!

And domestic production is 80,000 tonnes per year.

 

So without imports all domestic production would be sold out in 6 days.

8 hours ago, webfact said:

after an influx of illegally imported fish from Malaysia caused the price to drop to Bt55/kg

A seized illegal catch in port has no production cost.

So its use is simply the cost of redistribution.

If the illegal catch was recycled into a non-fishing industry use such as fertilizer for agriculture, it doesn't enter the domestic fish supply chain. Thus, it would seem that TU needn't buy the illegal catch, much less pay 200% market price.

Either there's some blunder with the economics of TU's purchase plan or some other scheme is happening that might not bear close scrutiny.

5 hours ago, VocalNeal said:

Just up Soi 23 near Cowboy? Slapper and chips

yes please , I'll have 2 serves 

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Last time this fish was mentioned thy showed a picture of Barramundi (Lates sp.). But apparently Malaysia does produce a lot of Snappers as well - not the American species, but Asian ones. Their are many species, so do not know which ones. A little more background information in these articles would be useful - especially as the accuracy of many of these news reports is pretty terrible, wrong names, wrong quantities and misspelling being standard!

2 hours ago, rickudon said:

Last time this fish was mentioned thy showed a picture of Barramundi (Lates sp.). But apparently Malaysia does produce a lot of Snappers as well - not the American species, but Asian ones. Their are many species, so do not know which ones. A little more background information in these articles would be useful - especially as the accuracy of many of these news reports is pretty terrible, wrong names, wrong quantities and misspelling being standard!

I think the Malaysian snapper are of a similar species commonly referred to in Australia as "Mangrove Jack" but I stand corrected.

Mangrove-jack-Lutjanus-argentimaculatus.jpg

Personally speaking I prefer the "black snapper"

21 hours ago, VocalNeal said:

Just up Soi 23 near Cowboy? Slapper and chips

With mushy peas??

On 10/4/2019 at 8:41 AM, webfact said:

unlike fish from Malaysia, which is currently entering the market at around 100,000 tonnes per week."

 

On 10/4/2019 at 8:41 AM, webfact said:

after an influx of illegally imported fish from Malaysia caused the price to drop to Bt55/kg.

 

Calling Thai Customs????

 

Guess they're too busy checking for brand name purses in the luggage at the airport, that they can't manage to find and stop 100,000 tons per week of illegally imported (and unsafe?) fish???

 

PS - 100K tons PER WEEK??? Really???

 

Edited by TallGuyJohninBKK

On 10/4/2019 at 8:41 AM, webfact said:

Thai farmers are following the strict standards of the Fishery Department in producing high quality fish that is safe to eat,

 Ya right.... And if you believe that, I've got a bridge I'd like to sell you real cheap!

 

SO thai government is killing the fish industry in Thailand, first in rules for the fish breeding and also letting cheap illegally (!?) fish imported from Malaysia. It is corruption

 

Now a Thai company says it will "help" the Thai fish farmer.

NOT, it says it can freeze the fish with not having demand? Of course buying it cheap !

They see opportunity to make big profit. They have freezing rooms available, doing nothing, so it costs. How handy is that.

Only registered farmers get the higher price and the others lower. It means you should register, they force you ! And of course registering will cost the farmer. But otherwise you just get less paid. 

 

It will cost to process the fish and even more to store and you cant store it long. Nothing more, sure not helping farmers, only them selves. Buying low and selling high.

Ill bet they already know where to sell it to. It's a company and has to make lots money.

 

It looks like a "scheme" by fish processing companies in which the rich (the owners) get better, a set up conspiracy i would call it. Buy cheap and sell high by a scheme.

Destroy Thai farmer, as it costs too much. Squeeze them out, make money fast.

Bribery and corruption of Thai officers to make it work. 

As a good government, they should investigate this, as there is something fishy about this. 

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