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    Home > Food News > Food Articles > Shrimp prices are stable, but costs are rising

    Shrimp prices are stable, but costs are rising

    • Last Update: 2021-10-19
    • Source: Internet
    • Author: User
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    In the 40th week of 2021 (October 4-10 ), the price of farmed vannamei shrimp in Ecuador will remain stable .
    The price of 20/30 (per kilogram) is $6.
    40/kg, the price of 30/40 is $5.
    95/kg, the price of 40/50 is $5.
    55/kg, the price of 50/60 is $5.
    05/kg, and the price of 60/70 is $4.
    65/kg.
    70/80 pieces are priced at $4.
    00/kg, 80/100 pieces are priced at $3.
    50/kg, and 10/120 pieces are priced at $2.
    70/kg .
     
    Recently, the new crown epidemic in Ecuador has rebounded, and the shrimp industry chain has been affected to varying degrees
    .
    Jose Anto, Chairman of the Ecuadorian Aquaculture Chamber (CNA)nio Camposano believes that the epidemic situation will undoubtedly affect shrimp prices in the future
    .

     
    "It is uncertain whether it will further rise, fall, or continue to maintain the current level in the next few months.
    It depends on the issue of supply and demand and the increase in logistics costs
    .
    " Camposano said
    .
     
    According to information from the marketing department of the international seafood trading company Siam Canadian Group, since mid-2020, international freight costs have continued to rise, and container freight has tripled compared with last year.
    There is news that container tensions may continue until mid-2020.
    Summer of 2022
    .

     
    "Seriously, there are always people who have to pay for the increase in freight rates.
    If it is a larger company with good profit margins, it may be able to bear part of the cost
    .
    However , if it is a small company, the profit is very thin, and the high transportation cost is very high.
    It may force suppliers to raise prices
    .
    ” Taijia Group said
    .
     
    Recently, the demand for white shrimp from Ecuador is relatively high, and shipments in China, Europe and the United States are all showing an upward trend
    .
    Importers in Europe and the United States will actively stock up before Christmas, while some breeding countries in Asia are still trapped by logistics cost issues, and supplies are becoming more tight
    .

    Breeding price
     
      Recently, the new crown epidemic in Ecuador has rebounded, and the shrimp industry chain has been affected to varying degrees
    .
    Jose Anto, Chairman of the Ecuadorian Aquaculture Chamber (CNA)nio Camposano believes that the epidemic situation will undoubtedly affect shrimp prices in the future
    .

     
      "It is uncertain whether it will further rise, fall, or continue to maintain the current level in the next few months.
    It depends on the issue of supply and demand and the increase in logistics costs
    .
    " Camposano said
    .

     
      According to information from the marketing department of the international seafood trading company Siam Canadian Group, since mid-2020, international freight costs have continued to rise, and container freight has tripled compared with last year.
    There is news that container tensions may continue until mid-2020.
    Summer of 2022
    .
     
      "Seriously, there are always people who have to pay for the increase in freight rates.
    If it is a larger company with good profit margins, it may be able to bear part of the cost
    .
    However , if it is a small company, the profit is very thin, and the high transportation cost is very high.
    It may force suppliers to raise prices
    .
    ” Taijia Group said
    .
     
      Recently, the demand for white shrimp from Ecuador is relatively high, and shipments in China, Europe and the United States are all showing an upward trend
    .
    Importers in Europe and the United States will actively stock up before Christmas, while some breeding countries in Asia are still trapped by logistics cost issues, and supplies are becoming more tight
    .

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