Qingdao Fisheries Expo Market Outlook Part Three: No immediate drop in raw material prices, bass fish supply facing a bottleneck, Turkish investment in Blue Horse Group.

1. Ecuador white shrimp prices will not drop in the short term The general manager of Omarsa, a well-known Ecuadorian producer, Sandro Coglitore, stated in an interview with UCN that the raw shrimp prices will continue to rise, at least remain stable, with no possibility of a drop. This week, Ecuadorian suppliers collectively raised their prices for the Chinese market, with an increase of $0.20/kg, but many buyers are still hoping for a price correction. "Many customers want to place large orders, but we did not give them the price they wanted. They waited two days and eventually came back to place orders," Coglitore summarized on October 31, the last day of the fishing expo. "The raw material prices will not drop, in fact, they will rise, and buyers will have to pay higher prices. The government's cancellation of fuel subsidies has increased the cost by 1 to 3 cents per kilogram. If multiplied by the total output, the amount is quite significant." Regarding Ecuador's output, ...