China Shrimp Importers Anxious About Fall in Prices After New Year, Leaving High Cost Inventory
SEAFOODNEWS.COM [Shuichan] translated by Amy Zhong - February 14, 2018
Shrimp is common in China’s aquatic market and their consumption has been on the rise. Now should have been time for consumers to stock large quantities of shrimp in preparation for the coming holiday.
But market performance has been disappointing for both imported shrimp and the domestic ones. This is very likely to hit shrimp importers and sellers hard. Those who have bought these shrimp at high prices are worried they will be stuck with high cost inventory after the holiday.
According to an anonymous insider, many buyers have placed ...
To Read Full Story Login Below.