Indonesian Political, Business & Finance News

Python breeders in prize squeeze

| Source: REUTERS

Python breeders in prize squeeze

HANOI (Reuter): A drop in the price of python meat due to oversupply is causing economic difficulties for about 1,000 breeders in Vietnam's southern province of Ca Mau, the daily Vietnam News said.

The newspaper said the retail price of a python had fallen to 40,000 dong ($3.43) from 115,000-125,000 previously.

Pythons are bred in Vietnam for their meat and skin. Like seahorses, geckos and the bones of tigers and bears, they are also pickled in rice wine elixirs to make traditional medicine.

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