Chinese shrimp prices continue to rise, with Vietnam closely following, and global supply remains tight.

China: Shrimp Pond Stocks Plummet, North-South Imbalance Drives Shrimp Prices Skyrocket According to the latest monitoring data from UCN, the pond head price of Chinese white shrimp from South America continued to rise this week, but the increase was slightly slower than the previous two weeks. Affected by a cold wave, shrimp output from ponds in various regions was restricted, especially in Guangdong, where large-sized white shrimp supply was severely insufficient, causing middle traders to rush to restock from across the country. This week, the price of 60-count white shrimp in Jiangsu province rose by 6 yuan/kg (approximately 0.82 USD), the highest increase in the country; Fujian saw a 4 yuan/kg increase, while Guangdong and Shandong each saw a 1 yuan increase, and Guangxi remained unchanged. Industry sources said that due to low temperatures causing slow shrimp growth and a shortage of large shrimp, there was an inter-provincial transfer of goods between Guangdong and Jiangsu, ...