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Thai shrimp producers suffering tough end-of-year losses

Orders have been delayed in shipping out, but buyers secured these deals at cheap prices, so won't cancel them; producers left selling at losses with no new orders

By Neil Ramsden | Dec. 23, 2016 15:27 GMT
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Vannamei from Thailand. Photo: Stan Dalone & Miran Rijavec
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Thai shrimp packers are suffering a tough end to 2016, having to sell at a loss to honor delayed contracts while unable to secure new deals, Siam Canadian's general manager in Thailand, Satasap Viriyanantawani, told Undercurrent News [...]

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