China’s White Shrimp Market Overshadowed by Low Prices
White shrimp prices have been in decline in China’s main aquaculture regions since late April, and due to prevalent disease, a general attitude of depression haunted the South China market in May when the weather is changeable. For example, the incidence rate of disease has reached about 70% in Zhongshan of Guangdong and trhe local price dropped by about 10 yuan/jin (1 jin=0.5 kg; $1.44/jin USD). Meanwhile, the prices have also dropped by about 5 yuan/jin ($0.72/jin USD) to 7 yuan/jin...
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