The global shrimp market is in turmoil again! Prices in China continue to soar, Thailand plummets, and early harvest in India pushes down prices

Prices in the Chinese market continue to rise The Chinese shrimp market continued its upward trend, with the price of 60-piece whiteleg shrimp in Guangdong rising to 40 yuan/kg (5.51 US dollars/kg), up 2 yuan from 38 yuan/kg in the previous week. The Jiangsu market performed even stronger, with the price of 60-piece shrimp rising to 56 yuan/kg, up 2 yuan from the previous week and up from 46 yuan/kg in the eighth week. 10 yuan, which has doubled compared with the low of 27 yuan/kg at the beginning of the year. In Shandong, the market price has risen by 8 yuan since the eighth week and is currently stable at 46 yuan/kg. The Fujian market saw a slight correction in the tenth week, falling from 44 yuan/kg to 43 yuan/kg. Industry insiders analyzed that the strong rebound in China's shrimp prices was mainly driven by tight supply. Jiangsu is the core area of live shrimp supply in northern China. The current shortage of supply has caused traders in Fujian and Guangdong to ship shrimp ...