09 March 2007

The information provided hereunder is collected from Ministry of Trade statistics. The price here is contracted as paid at pond/cage. There is diferrence between cage and pond fish prices because of material usage index for fillet production (*).

Pangasius fish price as paid at pond/cage in Vietnam Dong and 1 unit represents 1000 VND:

Month	Dec	Jan				Feb				March
Week	4th	1st	2nd	3rd	4th	1st	2nd	3rd	4th	1st	2nd
Caged Pangasius		13.7	13.7	13.7	14.8	15	Tet	Tet	N/A	16
White pond-raised Pangasius		15.2	15.4	15.4	15.4	16.3	Tet	Tet	17.3	17.8
Light Yellow Pangasius		13.7	13.7	13.7	13.7	15.3	Tet	Tet	15.9	16.5

Indicative exchange rate: VND/US$: 16,000

(*)Market price for material Pangasius does not reflect export price of the fish fillets product. The common material utilization index for production of fillets is 3.1 for pond-raised Pangasius and 3.4 for caged Pangasius.

(**) Tet: Lunar Calendar New-year Holidays - no activity

(***)N/A: not available from the current source

(Current market price - not verified by the Ministry yet)