China’s White Shrimp Market Trapped in Depression
Chinese white shrimp prices have been in decline since early June. Earlier some insiders expected market rebound between late June and early July when there would be lower deposit, however, such a revival seems far from possible now due to large supply from some of its aquaculture regions, prevalent diseases in others and the entry of low-price imported shrimps.
The supply in several places of Jiangsu province peaked in early May, which resulted in continual price contraction. Recently those shrimp are said to have won over...
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