ANALYSIS: Shrimp Market Strained Due to Coronavirus
The coronavirus and what impact it may have on the shrimp market has been a common topic in recent days. We’ve written in our daily comments that China is the largest importer of shrimp globally and any disruption in the flow of product into that country will certainly have market implications. We’ve also suggested that the most immediate concern appears to be Ecuador given its proximity to the U.S., its reliance on the Asian market and the anticipation of a larger harvest next week...
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