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    Home > Food News > Food Articles > Indian shrimp prices remain high, discouraging Chinese importers

    Indian shrimp prices remain high, discouraging Chinese importers

    • Last Update: 2021-11-12
    • Source: Internet
    • Author: User
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    In the past three months, the price of farmed vannamei shrimp from India has fluctuated at a high level, and the price of large-scale shrimp has even risen to the peak of the last five years .
    Considering that global market demand is still strong, natural disasters in breeding areas and other factors, some industry players believe that prices are unlikely to fall before the end of the year .


     
    According to statistics from Aquaconnect, an Indian aquatic product service company, the raw material price of Andhra Pradesh-in-the-shell (HOSO) white shrimp rose slightly in the 43rd week, from 30 to INR 540/kg, 40 to INR 450/kg, and 60 to INR 540/kg.
    INR 340/kg, 80 to INR 2750/kg, 100 to INR 245/kg
    .
     
    A farmer told UCN: “The high price is expected to last for 2-3 weeks.
    It will be relatively strong until early December, and will not start to fall after mid-December
    .
    Earlier, many shrimp ponds were attacked by Vibrio and white spot disease, but were affected by high prices.
    Stimulated, farmers began to slowly throw seedlings again
    .
    "
     
    A source in the processing industry said: “The supply of 16-20 large-size white shrimps is relatively tight, and similar conditions may continue until the first crop of 2022.

    Indian early crop cultivation usually starts in January each year and enters the harvest season from April.

    .
    "
     
      "In the past two months, Chinese demand has increased, but because the price is too high, many import business can not afford, the volume of trade is very limited
    .
    Importers also purchase large, many small-size shrimp are sold to the Chinese, we expect 11 With the increase in monthly purchases, businesses must stock up for the Spring Festival consumption season in advance
    .
    "
     
      "The issue of China's customs clearance remains severe.
    Many Indian exporters have been included in the embargo list by China
    .
    The General Administration of Customs will implement online inspections and hope to resume exports as soon as possible
    .
    " The source said
    .
     
      Rabobank (Rabobank) analyst Gorjan Nikolik predicts that Indian production will increase to 750,000-800,000 tons this year
    .
    Last year, due to the epidemic, production fell by 25%, and Ecuador replaced the top export position
    .
    This year, India will not only make up for the vacancy last year, but also exceed the peak production capacity in 2019
    .
    Breeding price
     
      According to statistics from Aquaconnect, an Indian aquatic product service company, the raw material price of Andhra Pradesh-in-the-shell (HOSO) white shrimp rose slightly in the 43rd week, from 30 to INR 540/kg, 40 to INR 450/kg, and 60 to INR 540/kg.
    INR 340/kg, 80 to INR 2750/kg, 100 to INR 245/kg
    .
     
      A farmer told UCN: “The high price is expected to last for 2-3 weeks.
    It will be relatively strong until early December, and will not start to fall after mid-December
    .
    Earlier, many shrimp ponds were attacked by Vibrio and white spot disease, but were affected by high prices.
    Stimulated, farmers began to slowly throw seedlings again
    .
    "
     
      A source in the processing industry said: “The supply of 16-20 large-size white shrimps is relatively tight, and similar conditions may continue until the first crop of 2022.

    Indian early crop cultivation usually starts in January each year and enters the harvest season from April.

    .
    "
     
      "In the past two months, Chinese demand has increased, but because the price is too high, many import business can not afford, the volume of trade is very limited
    .
    Importers also purchase large, many small-size shrimp are sold to the Chinese, we expect 11 With the increase in monthly purchases, businesses must stock up for the Spring Festival consumption season in advance
    .
    "
    China imports
     
      "The issue of China's customs clearance remains severe.
    Many Indian exporters have been included in the embargo list by China
    .
    The General Administration of Customs will implement online inspections and hope to resume exports as soon as possible
    .
    " The source said
    .
     
      Rabobank (Rabobank) analyst Gorjan Nikolik predicts that Indian production will increase to 750,000-800,000 tons this year
    .
    Last year, due to the epidemic, production fell by 25%, and Ecuador replaced the top export position
    .
    This year, India will not only make up for the vacancy last year, but also exceed the peak production capacity in 2019
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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