Ecuador prices remain unchanged In the 45th week, pondhead prices in the Guayaquil region continued to run at high levels, with a higher premium for 20/30 large sizes. At the recently concluded Qingdao Fisheries Expo, Ecuadorian suppliers raised their prices for the Chinese market, with an increase of $0.20/kg. Sandro Coglitore, General Manager of Ecuadorian producer Omarsa, stated in an interview with UCN that raw shrimp prices will continue to rise and at least remain stable, with no possibility of a decline. "Many customers want to place large orders, but we are not giving them the price they want. They waited two days and eventually came back to place orders," Coglitore said on October 31 (the last day of the Fisheries Expo). "Raw material prices will not fall, 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 ...
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