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    Home > Food News > Food Articles > Eritrea shrimp raw material prices bottomed out, and Chinese demand slowly recovered

    Eritrea shrimp raw material prices bottomed out, and Chinese demand slowly recovered

    • Last Update: 2022-08-16
    • Source: Internet
    • Author: User
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    In the 27th week of 2022 (July 4-10), the price of Ecuadorian cultured vannamei shrimp from the pond stopped falling and rebound.
    The latest quotation shows that the price of 20/30 (only per kilogram) HOSO (with head and shell) has risen to $70/kg, the price of 30/40 to $20/kg, the price of 40/50 to $50/kg, and the price of 50/60 to $20/ kg, 60/70 price to $95/kg, 70/80 price to $70/kg, 80/100 price to $00/kg, 100/120 price to $00/kg, 120/140 price to $90/.
     
    Medium and large size white shrimp rose at $20/kg-$60/.
    Industry insiders believe that the rise is related to the pick-up in demand in China , while European demand remains stab.
     
    An Ecuadorian farmer told UCN: "While China is still battling the epidemic, we are seeing a slow increase in demand in this important market, which is very encouraging for.
    We understand that because of the epidemic restrictions And production challenges, the domestic supply of shrimp products in China is very limited, and importers prefer to buy from overse.
     
    On the other hand, the US market is showing a recessionary tre.
    In May, the United States imported only 18,000 tonnes of white shrimp from Ecuador, down 14% year-on-ye.
    In the first half of this year, the United States has imported a large amount of vannamei shrimp from countries such as India, Indonesia and Ecuad.
    At present, the inventory is at a high level, and many importers have postponed their purchase intentions until Augu.
     
    Another Ecuadorian farmer said: "Since late May, the price of small-sized white shrimp has remained basically unchanged or slightly decreased, but the cost of all raw materials, energy, natural gas, fuel and shrimp feed has risen across the boa.
    The cost pressure has now been reflect.
    In terms of specific prices, we don't know what the future hol.
    "
    price
     
    Medium and large size white shrimp rose at $20/kg-$60/.
    Industry insiders believe that the rise is related to the pick-up in demand in China , while European demand remains stab.
    China
     
    An Ecuadorian farmer told UCN: "While China is still battling the epidemic, we are seeing a slow increase in demand in this important market, which is very encouraging for.
    We understand that because of the epidemic restrictions And production challenges, the domestic supply of shrimp products in China is very limited, and importers prefer to buy from overse.

     
    On the other hand, the US market is showing a recessionary tre.

    In May, the United States imported only 18,000 tonnes of white shrimp from Ecuador, down 14% year-on-ye.

    In the first half of this year, the United States has imported a large amount of vannamei shrimp from countries such as India, Indonesia and Ecuad.

    At present, the inventory is at a high level, and many importers have postponed their purchase intentions until Augu.

     
    Another Ecuadorian farmer said: "Since late May, the price of small-sized white shrimp has remained basically unchanged or slightly decreased, but the cost of all raw materials, energy, natural gas, fuel and shrimp feed has risen across the boa.

    The cost pressure has now been reflect.

    In terms of specific prices, we don't know what the future hol.

    "
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