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    Home > Food News > Food Articles > Is the rebound in Indian shrimp prices a flash in the pan, or is the market picking up?

    Is the rebound in Indian shrimp prices a flash in the pan, or is the market picking up?

    • Last Update: 2022-08-15
    • Source: Internet
    • Author: User
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    Since May and June, the price of pond head in the main producing area of ​​vannamei in India has shown signs of collap.
     
    Some industry players said that demand is still relatively weak at present, and.

    purchases are still continuing, but in small quantiti.
    The Chinese market has a relatively strong demand for small-scale products and firm pric.
     
    According to the statistics of Aquaconnect, an Indian aquaculture service company, in the 26th week (June 27 to July 3), the price of 30/kg white shrimp in Andhra Pradesh, India increased by INR 15/kg from a week ago to INR 425/kg kg, still well below February's INR of 610/.
    The price of 40 pieces is INR 365/kg, and the price trend is similar to that of 30 piec.
     
    The price of small-sized white shrimp increased significant.
    The prices of 80-100 pieces were INR 265/kg and INR 245/kg respectively, which was an increase of INR 60/kg compared with the same period last ye.
     
    Indian exporter CoSebastian Jacob, CEO of ntinental Seafoods, told UCN: "The first crop of this year is coming to an end, and the remaining stock does not exceed 2
    At this stage, it mainly supplies 16/20 and 21/25 siz.
    There is not much demand for these large siz.
    "
     
    "The last few weeks, the processing plant has also reduced purchases of large siz.
    There are fewer and fewer orders in the United States, retail sales are down, and although the purchases continue, they are not lar.
    " Jacob said, "China's demand is still there, But Chinese importers mainly buy small-scale products, so that the supply is relatively tight and prices are risi.
    Just the first two months, most factories (for the Chinese market) were slow to ship, and now the business volume is picking up aga.
     
    Pavan Kosaraju, CEO of AquaExchange, another Indian trade data platform, has a similar vi.

    The price of small sizes is stable at historical highs (the price of 100 pieces is around INR 240/kg), and the supply of large sizes is somewhat excessi.

     
    Because the price is not ideal, a group of farmers adopt a wait-and-see attitu.

    Kosaraju predicts that prices for large-format products may increase in the coming wee.

     
    Regarding the second crop of farming this year, there are different opinions in the Indian indust.

    Traditionally, the seedling density is low during the rainy season in India, and the harvest starts around the end of August, and the supply of raw materials during Christmas and Chinese New Year is relatively tig.

     
    Jacob believes that this year's situation will be similar to previous years, "because of low income, shrimp farmers do not necessarily choose to focus on seedlin.

    Breeding costs have also risen, soybean and fishmeal prices have risen, fuel prices have risen, feed prices have risen, and farmers have A lot of pressu.

    "
    price
     
    Some industry players said that demand is still relatively weak at present, and.


    purchases are still continuing, but in small quantiti.

    The Chinese market has a relatively strong demand for small-scale products and firm pric.

     
    According to the statistics of Aquaconnect, an Indian aquaculture service company, in the 26th week (June 27 to July 3), the price of 30/kg white shrimp in Andhra Pradesh, India increased by INR 15/kg from a week ago to INR 425/kg kg, still well below February's INR of 610/.

    The price of 40 pieces is INR 365/kg, and the price trend is similar to that of 30 piec.

     
    The price of small-sized white shrimp increased significant.

    The prices of 80-100 pieces were INR 265/kg and INR 245/kg respectively, which was an increase of INR 60/kg compared with the same period last ye.

     
    Indian exporter CoSebastian Jacob, CEO of ntinental Seafoods, told UCN: "The first crop of this year is coming to an end, and the remaining stock does not exceed 2
    At this stage, it mainly supplies 16/20 and 21/25 siz.

    There is not much demand for these large siz.

    "
     
    "The last few weeks, the processing plant has also reduced purchases of large siz.

    There are fewer and fewer orders in the United States, retail sales are down, and although the purchases continue, they are not lar.

    " Jacob said, "China's demand is still there, But Chinese importers mainly buy small-scale products, so that the supply is relatively tight and prices are risi.

    Just the first two months, most factories (for the Chinese market) were slow to ship, and now the business volume is picking up aga.

     
    Pavan Kosaraju, CEO of AquaExchange, another Indian trade data platform, has a similar vi.

    The price of small sizes is stable at historical highs (the price of 100 pieces is around INR 240/kg), and the supply of large sizes is somewhat excessi.

     
      Because the price is not ideal, a group of farmers adopt a wait-and-see attitu.

    Kosaraju predicts that prices for large-format products may increase in the coming wee.

     
      Regarding the second crop of farming this year, there are different opinions in the Indian indust.

    Traditionally, the seedling density is low during the rainy season in India, and the harvest starts around the end of August, and the supply of raw materials during Christmas and Chinese New Year is relatively tig.

     
      Jacob believes that this year's situation will be similar to previous years, "because of low income, shrimp farmers do not necessarily choose to focus on seedlin.

    Breeding costs have also risen, soybean and fishmeal prices have risen, fuel prices have risen, feed prices have risen, and farmers have A lot of pressu.

    "
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