With no output, fishmeal processing facilities in Nghe An have hundreds of tons of inventory.
Recently, the consumption of fishmeal has been difficult, causing fishmeal processing facilities in Nghe An to be in a state of inventory and operating at a standstill.
At a fishmeal processing facility in Dien Ngoc commune, fishmeal was piled high. Mr. Nguyen Van Hung, owner of the fishmeal processing facility in Dien Ngoc commune, said: Since the beginning of July 2024, the market for fishmeal for animal feed has been very difficult to consume. Currently, our facility has over 150 tons of fishmeal in stock.
The reason why fishmeal is difficult to sell is because the Chinese market purchases in small quantities. The difficulty in selling the product has led to the facility having to operate at a low level, not daring to purchase raw materials for local people. In addition, at Mrs. Nam's fishmeal factory in Dien Ngoc commune, there is a backlog of nearly 200 tons of fishmeal because the market is "frozen".
Mr. Tran Van Nam, a fisherman in Dien Ngoc commune, shared: Previously, we often sold small fish by-products to fishmeal processing facilities very conveniently, but now it is difficult to sell, they limit purchases so we don't know who to sell to.
In Quynh Luu district, some fishmeal processing facilities are also facing the same situation. The owner of a fishmeal processing factory at Lach Quen fishing port, Quynh Thuan, Quynh Luu said: The processing facility reaches 10 tons of fish/day, contributing to timely purchasing of aquatic products for people in the surrounding area. However, since the beginning of July 2023, due to difficult output, the facility currently has over 300 tons of fishmeal in stock. The unit has proactively lowered the price of fishmeal from 27,000 VND/kg to 22,000 VND/kg but no one is buying.
To cope with the difficulties, some fishmeal processing facilities in Nghe An have sought domestic markets, selling at cheaper prices, but consuming in limited quantities. Despite the difficulties, some facilities are still having to maintain production to retain workers, avoiding a shortage of workers when the output is favorable.
Up to now, Nghe An has 10 fishmeal processing facilities for animal feed. Over the years, these facilities have contributed to timely collection of small fish for fishermen as well as solving on-site jobs for many local workers. However, the consumption of products is difficult, so most factories have to operate on a temporary basis, affecting the consumption of small fish for fishermen in the province.