Core Viewpoint - The Huangsha Aquatic Products Trading Market, known as a national price barometer for aquatic products, is set to relocate to a new market that will officially open on September 8, following extensive renovations and preparations [1][24]. Group 1: Market Overview - The Huangsha Aquatic Products Trading Market has been operational for 31 years and is recognized as one of the largest fresh seafood wholesale markets in China, with a significant variety of aquatic products and active trading [2]. - The market has a daily trading volume of over 600 tons of aquatic products, with one-third of its products distributed to major cities like Beijing and Shanghai [33]. Group 2: Relocation Impact - Many small vendors in the old market are still operating normally and have no immediate plans to relocate, with some expressing reluctance to move after years of business [9][10]. - Larger vendors and seafood businesses show a stronger willingness to relocate, with some already moving to other specialized aquatic markets [11][12]. - The new market has a higher rental cost but offers better facilities, which may keep product prices stable [14]. Group 3: New Market Features - The new market will feature improved logistics, including dedicated transport corridors and a centralized cooling and oxygen supply system, addressing issues faced in the old market [30][31]. - The new market has already signed contracts with over 600 businesses, achieving a 70% occupancy rate for its various facilities [15]. Group 4: Future Prospects - The relocation is not expected to eliminate the "buy seafood at Huangsha" phenomenon, as many surrounding businesses will remain operational or adapt to new models [25][21]. - The new market is anticipated to enhance the overall experience for both vendors and customers, potentially benefiting the seafood supply chain in the region [34].

Core Viewpoint - The Huangsha Aquatic Products Trading Market, known as a national price benchmark for aquatic products, is set to relocate to a new market that has completed renovations and will officially open on September 8. This move raises questions about the impact on seafood merchants and trading activities in the old market [2][19]. Market Overview - The Huangsha Aquatic Products Trading Market has an annual trading volume exceeding 270,000 tons and a trading value reaching over 10 billion yuan, making it one of the largest fresh seafood wholesale markets in China [2]. - The old market has been operational for 31 years and is recognized for its diverse range of fresh aquatic products and active trading, with a saying in the industry that "the national aquatic product prices look to Guangzhou, and Guangzhou looks to Huangsha" [2][19]. Merchant Sentiment - Many small vendors in the old market continue to operate normally despite the impending relocation, with some expressing reluctance to move due to established customer bases and long-term operations [3][6][7]. - Larger merchants within the main building of the old market show a stronger inclination to relocate, although specific timelines for moving remain uncertain [7][9]. New Market Features - The new market boasts improved transportation and facilities, with over 70% of the commercial spaces already signed for by various merchants, totaling around 600 businesses [9][19]. - The new market is designed to address issues faced by the old market, such as congestion and unsanitary conditions, featuring dedicated transport corridors and a 24-hour supply of natural seawater [18][19]. Impact on Supply Chain - The relocation is expected to have minimal impact on established supply chains for larger seafood restaurants and chains, as many have fixed procurement channels and will continue to source from the new market [16]. - However, smaller consumers may experience a decline in access due to geographical limitations post-relocation [16]. Future Prospects - The Huangsha Aquatic Products Trading Market is part of a broader strategy by the Guangzhou Port Group to upgrade the area into a multi-functional commercial hub, integrating cultural, retail, and dining experiences [13][19]. - The transition to the new market is anticipated to benefit both merchants and consumers through enhanced facilities and modern management practices [19].