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On the one hand, food and beverage demand in the United States has rebounded rapidly in the post- epidemic era , and retail sales remain strong.
On the other hand, the supply of raw materials in India has declined compared with previous years, especially large-scale products.
It seems extremely scarce .
According to industry analysts, there may be no signs of a market reversal at least before the end of the year .
An Indian processing industry person said: "Raw material prices have been rising since August, and supply is sluggish
.
Generally, this time in previous years is not the peak production season, but there is a huge demand gap in the United States, and importers are doing their best to buy goods
.
The specifications of raw materials in India are relatively small, with 40-70 (per kilogram) mostly, 30-40 very few, and 20-30 even more scarce
.
"
.
Generally, this time in previous years is not the peak production season, but there is a huge demand gap in the United States, and importers are doing their best to buy goods
.
The specifications of raw materials in India are relatively small, with 40-70 (per kilogram) mostly, 30-40 very few, and 20-30 even more scarce
.
"
Another source said: "The second crop cultivation situation is not ideal.
The white shrimps that were put into seedlings in July and August encountered bad weather successively, and the quality of seedlings declined.
In many areas, there were outbreaks of enterosporidiosis and even white spot disease.
As a result, the current supply of raw materials is tight, and large specifications are very rare
.
"
The white shrimps that were put into seedlings in July and August encountered bad weather successively, and the quality of seedlings declined.
In many areas, there were outbreaks of enterosporidiosis and even white spot disease.
As a result, the current supply of raw materials is tight, and large specifications are very rare
.
"
According to statistics from Aquaconnect, an Indian aquatic technology service company, as of the 40th week of 2021, the price of 30 raw materials in the main producing area of Andhra Pradesh was quoted at INR 535/kg, an increase of INR 5/kg from a week ago and an increase of INR 80/ from the same period last year.
kg, and set a historical peak since 2016
.
kg, and set a historical peak since 2016
.
In the 40th week, the prices of 40 and 60 white shrimps in Andhra Pradesh were INR 435/kg and INR 335/kg respectively
.
On the other hand, due to the low demand for small sizes (above 90 pieces) and the high supply, the price has dropped by INR 5-10/kg
.
.
On the other hand, due to the low demand for small sizes (above 90 pieces) and the high supply, the price has dropped by INR 5-10/kg
.
"We expect that the shortage of raw materials may continue until March next year, and the premise must be that the first crop of breeding is going well next year
.
" The above-mentioned source added
.
.
" The above-mentioned source added
.
Except for Andhra Pradesh, the largest producing region, the supply situation in other regions of India is not optimistic
.
According to Aquaconnect's statistics, in Odisha, the price of medium and large-sized shrimp increased by INR 50-70/kg, and the prices of shrimp in Gujarat and West Bengal remained high.
Only West Bengal had relatively low prices
.
.
According to Aquaconnect's statistics, in Odisha, the price of medium and large-sized shrimp increased by INR 50-70/kg, and the prices of shrimp in Gujarat and West Bengal remained high.
Only West Bengal had relatively low prices
.
