White shrimp prices are expected to rise, and Indian shrimp farmers delay harvesting ponds

Some kept stocks of white shrimp products in August as Indian farmers expected higher prices. This was due to expectations of higher prices in the world's major white shrimp markets, according to a major Indian processor and exporter. ​ There are also signs that shrimp production in India will drop this year, with many hatcheries reducing their imports of specific pathogen-free seed and operating at some capacity as orders fall. Thomas Jose, director of Choice Canning, said feed companies also The report said feed demand in major breeding areas fell compared with last year. ​ Throughout this year, Indian shrimp raw material prices have been low as U.S. buyers have not disposed of post-epidemic stocks as quickly as expected. ​ There was a brief price crash in May that caused panic among some farmers, and prices fell again in July at the end of the previous farming season due to heavy rains and the resulting quick harvest. ​ But by the second week of August, raw material ...