Chinese Buyers Lose Interest in Ecuador White Shrimp at End of 2019; Uncertainties Follow into 2020
Last year saw Ecuador outrun other competitors and became the largest white shrimp exporter to China. Its export ballooned to 348,044 tons from 98,798 tons in 2018. However, relevant business participants can hardly feel the joy, and many are still recovering from the roller coaster ride of prices and the country’s limited purchases in the December.
In the early 2019, China’s white shrimp market was overshadowed by depressing rumors like collapse and the corresponding contraction of prices. But later, due to such factors as...
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