The prices of Nests have dropped drastically ever since China the biggest buyer had stopped to purchase and banned EBN (Edible Birds Nest) from Malaysia. This has affected many Swiftlet farmers and those who are involved in this industry whether directly or indirectly.
Now the biggest setback is that even hands carry by individual who travel by plane is prohibited. That means all Malaysian EBNs are totally banned.
Blamed on the Nitrate content in the EBN that was the reason given or many had being influenced to make understand that Nitrate was the sole reason behind all these havocs.
Did you know our neighboring countries to name few, , Indonesia, Vietnam, Thailand, etc are coming here to purchase our EBN (Raw & Processed) and labeled with the names of their respective countries and export to China without any restriction at all.
So what the catch ..?
Nitrate was the scapegoat..yes you could blame on it because it free for all. Those who had connection in this trade know what I mean. We know it so do all those circle of VIPs. It is a very sensitive issue. I might get in to trouble. The Big shots in the Association and the Ministry know it too it is beyond just Nitrate as all nests (processed & raw) from any country in this region that produce EBN contain Nitrate. You would be surprised some of their Nests even have higher Nitrate content than the Malaysia EBN and yet they are no restriction to import to China.
(Source: Insider information)
So what the catch now…? Think!
Many Readers had called me and wanted to depose off their Nests fearing that the price would even drop further. If I were them I would keep it, unless you are desperately in need of money. This is the time to make money. How often does this type of opportunity comes????. Buy at low price sell at high price later..Isn’t this is like stock market?
Malaysian EBN is renowned for its quality and this gives our competitors in this region a hard time. Now with the Nitrate problem here our dearly neighboring countries had benefited so much from it. Now many had capitalized on this issue to push down this industry and the name of Malaysian EBN to benefit from it. It will always go back to more man less share and less man more share. The retail price of EBN in China has not gone down much..why Malaysia EBN & Raw nests here suffer the blow..think about it!
Obviously it’s involved dirty business tactics, politic,…etc which Swiftlet farming couldn’t escape from it.
Don’t worry whatever goes down must come up. Not all countries in the world produce EBN only a handful.
Good Swiftlet Farming All.