Week 42 global shrimp price overview: Indonesia sees significant decline, Ecuador experiences increases in medium and large sizes.

Ecuador sees significant price increases, boosting China's restocking demand In the 42nd week, the 20/30 size in the Guayaquil region increased by $0.05/kg, while the 30/40 and 40/50 sizes increased by $0.10/kg; the 70/80 and 80/100 sizes decreased by $0.10/kg. During the Conxemar exhibition in Spain, an Ecuadorian exporter stated that the current Chinese market is performing strongly, mainly due to the need to restock after the Golden Week holiday. Currently, Ecuador's exports to the Chinese market still account for a significant portion, and Chinese demand is supporting the market. Another exporter mentioned that the Ecuadorian industry is committed to improving production efficiency and expanding the capacity for value-added products, leading to a narrowing price gap between head-on and headless shrimp. The Ecuadorian government's cancellation of diesel subsidies has caused feed and transportation costs to rise, and if raw material prices continue to increase, the profit margin ...