Ecuador shrimp prices, which had hovered at high levels for several weeks, have started to decline, with most specifications falling by $0.05-$0.10/kg. Starting from September, temperatures are expected to return to normal after the South American winter, and farmed shrimp production is expected to increase around October.
Starting from August 27, Indian shrimp exported to the U.S. market will face a tariff of up to 50%, but prices in the Andhra Pradesh production area in the 35th week remained stable without significant fluctuations. European and American buyers will start to stock up for the second half of the year holiday consumption in the third quarter, and the supply and demand relationship will undergo some changes. As for how the U.S. tariff will affect the Indian export industry, it is currently impossible to draw a definitive conclusion.
In the 35th week, prices of Vietnamese white shrimp increased slightly, with larger sizes seeing more significant increases. This year, exports of Vietnamese white shrimp to the EU market have grown significantly, with exports in the first six months increasing by 24% in volume and 29% in value. On the other hand, the pond price of Vietnamese black tiger shrimp has declined.
In the 35th week, Indonesian shrimp prices fell significantly, with each specification dropping more than 10% month-on-month. Meanwhile, prices of large-sized white shrimp in Thailand have increased.