Week 47 global shrimp price overview: Ecuador shrimp prices drop from high levels, India and Vietnam prices rise.

Shrimp prices in Ecuador begin to fall as production enters an upward phase After several weeks of high prices, pondhead prices in the Guayaquil region of Ecuador have started to decline. The 20/30 specification fell by $0.05/kg compared to last week, the 40/50 specification fell by $0.10/kg, and the smaller 70/80 and 80/100 specifications fell by $0.20/kg. A source told UCN: "The market remains calm, with demand from Europe and the United States slowing down. Only a few containers are filling small parts of the inventory gap, most buyers have completed their winter demand orders and are currently focusing on selling existing inventory. Market participants may wait until prices drop further before starting to purchase." Ecuador's new harvest season is gradually reaching its peak, and after prices rose at the shrimp fair, Chinese buyers' purchasing intentions have weakened. Importers are not in a hurry to place orders, and the market is showing a rather subdued performance. Indian ...