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Durai Murugan, general manager of Indian farming company Sea Gem Aqua Farms, told UCN: "There has been a severe outbreak of vitiligo in Andhra Pradesh and Tamil Nadu, local demand is not bad, but unexpectedly prices have dropped to relatively low levels, I believe It's just a temporary issue
.
"
.
"
"Many shrimp farmers harvested shrimp in advance, so that the white shrimp on the market are mainly small-sized.
These white shrimp are not the ideal size for processing plants, so they can only be bought in the local market
.
It is expected that the supply and demand situation of raw materials will change in the next few months.
Tends to be nervous
," Murugan added
.
These white shrimp are not the ideal size for processing plants, so they can only be bought in the local market
.
It is expected that the supply and demand situation of raw materials will change in the next few months.
Tends to be nervous
," Murugan added
.
Other sources said large-scale farming had erupted in major Indian producing areas over the past two weeks, with changing temperatures, and the situation in Andhra Pradesh was particularly worrisome, where some decline in the summer harvest was expected
.
The price drop is short-lived and will rebound in the coming weeks as the recently harvested white shrimp are not sized to meet the needs of processing plants
.
.
The price drop is short-lived and will rebound in the coming weeks as the recently harvested white shrimp are not sized to meet the needs of processing plants
.
According to the price data provided by the Indian aquaculture information service provider Aquaconnect, in the 16th week (April 18-24), the price of small and medium-sized white shrimp in Andhra Pradesh fell to a new low in recent weeks
.
The average price per kilo of 40 pieces fell to INR 410/kg ($5.
37/kg), down INR 110/kg from five weeks ago; 60 pieces fell to INR 305/kg; 80 pieces fell to INR 260/kg; 100 pieces fell to INR 230/kg
.
.
The average price per kilo of 40 pieces fell to INR 410/kg ($5.
37/kg), down INR 110/kg from five weeks ago; 60 pieces fell to INR 305/kg; 80 pieces fell to INR 260/kg; 100 pieces fell to INR 230/kg
.
The price of large size is relatively firm, and the price of 30 pieces is stable at INR 520/kg, even up INR 70/kg compared with the same period last year
.
.
Aquaconnect said that the current raw material price of small and medium-sized white shrimp in India is lower than that of Indonesia, Vietnam and Thailand, but there is still a premium of INR 50-80/kg compared to the price in Ecuador
.
.
Sheraz Anwar, CEO of Indian exporter Abad Fisheries, said that 40-70 size is the main range for Indian white shrimp, and large sizes are relatively scarce
.
.
Anwar expects that a new round of harvesting season has arrived.
At present, the output of large-sized shrimp is relatively low, and the price is higher than that of the previous season.
It is expected that the supply of large-sized white shrimp will be further tight after the production season
.
Judging from the feedback from feed mills, the sales volume of large-scale feed is also decreasing
.
At present, the output of large-sized shrimp is relatively low, and the price is higher than that of the previous season.
It is expected that the supply of large-sized white shrimp will be further tight after the production season
.
Judging from the feedback from feed mills, the sales volume of large-scale feed is also decreasing
.
Anwar also said that China's sales are facing severe challenges, and trade negotiations with some old customers are very difficult, because the low price of Ecuadorian white shrimp has many advantages in the competition in the Chinese market
.
.
