Shrimp prices in China and the US are rising! Is a global price hike coming?

In April, the wholesale prices of South American white shrimp in the two major markets of China and the United States rose simultaneously, quietly changing the global shrimp trade pattern. After three consecutive months of low prices, the Chinese market was the first to stabilize and rebound, while the United States caused panic purchases by importers due to policy uncertainty, forming a pattern of "rebound in the east and chasing the rise in the west". Is this wave of growth enough to leverage the global origin quotations to rise across the board? In China, after a long period of decline, the downstream inventory of imported Ecuadorian white shrimp has been greatly digested. Taking the 30/40 specification frozen shrimp as an example, the price of each piece has increased by 5 to 15 yuan in the past two weeks, and the price of each kilogram has increased by 0.5 to 1.5 yuan after conversion. The current mainstream quotation is concentrated in the range of 39.5 to 40.8 yuan/kg. The ...