Week 13 Shrimp Market Analysis: Declines in Ecuador, India, and Vietnam
In Week 13, Ecuador’s farm-gate shrimp prices fell as processors sought alternative markets. India experienced a small price drop, while Vietnam’s prices continued to decline, marking a significant trend in the global shrimp market reported by Undercurrent News.
In Week 13, the farm-gate shrimp prices in Ecuador experienced a decline as processors are seeking alternative markets. This shift is part of a broader trend affecting the shrimp industry globally. Meanwhile, India saw a slight reduction in prices, while Vietnamese prices continued their persistent downward trend in the same period, according to Undercurrent News’ global price roundup.
The recent week has highlighted the fluctuating nature of the shrimp market, particularly in Ecuador, India, and Vietnam. Processors are actively exploring other markets amid dropping prices, indicating a potential shift in global shrimp trading dynamics. This trend reflects the need for adaptability within the shrimp industry as economic factors evolve.
Original Source: www.undercurrentnews.com
