Thai shrimp prices hit record high amid strong demand

As market demand continues to strengthen at the end of the year, the ex-pond price of Thai white shrimp (white shrimp) hit a new high in the 47th week, especially the price of medium and large shrimps increased significantly. According to data provided by Talay Thai market in Thailand, this increase is in line with the traditional seasonal pattern in the fourth quarter, but it has far exceeded the historical average. Data shows that the ex-pond price of 60-tail white shrimp rose by 2.5 baht to 165 baht per kilogram, surpassing the seven-year high set in the previous week; the price of 70-tail shrimp rose the most, rising by 5 baht per kilogram to 160 baht; the price of 80-tail shrimp rose by 2.5 baht to 142.5 baht. In US dollars, the price of 60-tail shrimp is US$4.78 per kilogram, and the price of 70-tail shrimp is US$4.78 per kilogram. The price of 80-tail shrimp is $4.63, and 80-tail shrimp is $4.12. This makes Thailand's white shrimp prices among the highest in the world, ...