How many aquaculture feed manufacturers were making money in 2008?
How many aquaculture feed manufacturers were making money in 2008?
2008 was a rather difficult year for aquaculture feed. Raw material prices rose sharply, while feed price increases were limited. On top of that, feed sales fell 30-40% compared with previous years, and many feed manufacturers posted losses.
Which companies made money? Share what you did. It would be good to learn from it.
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Generally, the larger group companies would not post losses, right?
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Last year's aquaculture market really was bad!!!
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The calculated gross profit was somewhat there, but because fish prices were bad, the fish could not be sold, and there is still more than 1 million yuan in the hands of farmers, so whether money was made is hard to say.
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Fish prices are bad, farmers are not making money, and feed mills are not doing well either!
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We made money, but not much.
Raw material prices went up, so our feed prices went up too.
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Raw materials rose in price, and feed prices rose along with them. If the original profit margin is maintained, it is still possible to make money. It is just that this year's fish prices are not ideal, and feed mills face high funding risk from customers.
It should be said that in 2008 the large feed mills still made money, especially the enterprises that did relatively well in aquatic feed, such as Tongwei, Hope and Haidai in Hubei.
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From my own experience, large enterprises are better off. Small enterprises did not raise prices enough this year, so their profits are even worse. The most fatal thing is that after the New Year fish prices may be bad, farmers will incur losses, and it can be expected that next year there will be a large number of defaults, so small enterprises will have to face a reshuffling.
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I think the extruded feed companies in South China all had acceptable profits. In the first half of the year, because raw materials rose in price, feed prices rose too, while after August raw material prices fell in a straight line, but the decline in feed prices was not large.
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In our north, 90% of aquaculture feed mills posted losses, so next year's operations are still unclear. In addition, farmers who succeeded in farming all made money, so the farming area is still acceptable.
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In 2008 we made money. Just not much.
Overall sales increased 30-40% compared with 2007.
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As long as funds are sufficient, aquaculture feed in 2008 was still profitable. I dare to guarantee it.
When raw material prices were high, the feed quality of many manufacturers, including large factories, declined. As long as sales were large, they made money. Companies that use credit sales as their sales policy are a different matter.
Which companies made money? Share what you did. It would be good to learn from it.
--------------------------------------
Generally, the larger group companies would not post losses, right?
--------------------------------------
Last year's aquaculture market really was bad!!!
--------------------------------------
The calculated gross profit was somewhat there, but because fish prices were bad, the fish could not be sold, and there is still more than 1 million yuan in the hands of farmers, so whether money was made is hard to say.
--------------------------------------
Fish prices are bad, farmers are not making money, and feed mills are not doing well either!
--------------------------------------
We made money, but not much.
Raw material prices went up, so our feed prices went up too.
--------------------------------------
Raw materials rose in price, and feed prices rose along with them. If the original profit margin is maintained, it is still possible to make money. It is just that this year's fish prices are not ideal, and feed mills face high funding risk from customers.
It should be said that in 2008 the large feed mills still made money, especially the enterprises that did relatively well in aquatic feed, such as Tongwei, Hope and Haidai in Hubei.
--------------------------------------
From my own experience, large enterprises are better off. Small enterprises did not raise prices enough this year, so their profits are even worse. The most fatal thing is that after the New Year fish prices may be bad, farmers will incur losses, and it can be expected that next year there will be a large number of defaults, so small enterprises will have to face a reshuffling.
--------------------------------------
I think the extruded feed companies in South China all had acceptable profits. In the first half of the year, because raw materials rose in price, feed prices rose too, while after August raw material prices fell in a straight line, but the decline in feed prices was not large.
--------------------------------------
In our north, 90% of aquaculture feed mills posted losses, so next year's operations are still unclear. In addition, farmers who succeeded in farming all made money, so the farming area is still acceptable.
--------------------------------------
In 2008 we made money. Just not much.
Overall sales increased 30-40% compared with 2007.
--------------------------------------
As long as funds are sufficient, aquaculture feed in 2008 was still profitable. I dare to guarantee it.
When raw material prices were high, the feed quality of many manufacturers, including large factories, declined. As long as sales were large, they made money. Companies that use credit sales as their sales policy are a different matter.