Shrimp Prices Rise in China but Suppliers Hesitate to Export to Oriental Market
Recently China has witnessed an obvious increase in shrimp prices. Statistics from the October point to an increase of about 3,000 yuan to 4,000 yuan per ton ($427.98-$57.64/ton USD) for its domestic shrimp, and local farmers are holding shrimps longer, waiting for higher prices. The increase is between USD $0.40 to $0.50 per kg for those imports from Ecuador, Vietnam and India.
Its price increase is mainly a result from shrimp shortages, which in turn is caused by several factors. Diseases, for example, ...
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