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Analysis

Scallop market strong on surge in China demand, US shortage

'I had never seen a Chinese buyer before,' says Peruvian farmer, as industry players expect prices to remain strong for 2013

By Eva Tallaksen | May 13, 2013 12:39 BST
Peruvian aquaculture far from full potential as investors await new law
Peruvian scallops. Photo: Alex E. Proimos
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A surge in demand from China combined with low harvest in the US is pushing up prices of scallop out of Peru, and will likely keep US prices high this year, industry players told Undercurrent News [...]

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