China’s Live Shrimp Prices Rising at Pleasingly High Rate, But Upward Trend May End Unexpectedly
China’s live shrimp prices on average have started to increase since the beginning of January, and some have even increased at a surprisingly high rate during late January. In Guangzhou, for example, some white shrimp price is said to balloon by 50% in one day.
That of giant tiger prawns have increased from over 70 yuan/jin (1 jin=0.5 kilo) to more than 100 yuan/jin in one week, while later their wholesale price even jumped from...
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