After the holiday, inventory of frozen shrimp in China has declined, while prices in Ecuador remain stable as if on a mountain, leaving importers in a state of watchful paralysis.

Latest data shows that in the 41st week (October 6th to 12th), the cost plus freight (CFR) price for Ecuadorian white shrimp sent to China remained stable. The mainstream specification of 30/40 shrimp (per kilogram) in semi-frozen form was priced at $4.60-4.80 per kilogram, a price point that had deterred many importers in previous weeks. "Stocks have been depleted over the past few weeks, and it's time to restock," said an importer in Shanghai, "but Ecuadorian quotations have remained firm for a long time, with no signs of a price drop." An interesting phenomenon is that despite the faster turnover of inventory, wholesale spot prices in China have not risen in tandem. "So, you might see inventory becoming tight at some point in October or November," he added. High inventory pressure persists, buyers await the right moment to buy Despite the decrease in inventory, the overall inventory level is still high. Another importer in Beijing estimated that China's current frozen shrimp ...