India’s Captain Fresh on track to record first annual profit ahead of 2025 IPO
The B2B seafood chain startup is aiming to end FY 2025 with a profitable bottomline and $500m-$550m in revenue
Week 48 farm-gate shrimp roundup: India extends price gains while other Asian origins diverge
Farm-gate shrimp prices in India continued their upward trajectory in week 48, leading broader market movements that saw mixed trends across major producing regions, according to the latest global round-up from Undercurrent News
Avanti Feeds Q2 profit jumps 47% on EU sales lift
Avanti's processed shrimp business recorded substantial gains in EU market share, which jumped to 19% in Q2 fiscal 2025 from just 4% a year earlier
India’s Apex Frozen Foods sees shrimp market recovery despite Q2 loss
Indian shrimp processor Apex Frozen Foods reported a quarterly loss as higher costs and supply constraints weighed on margins, though it forecast improving market conditions ahead for the sector
ITC rules US shrimp industry suffered as a result of imports, cements AD, CVD rates
The anti-dumping and countervailing duty rates that the US handed importers of shrimp from India, Ecuador, Indonesia and Vietnam are now set in stone, and probably in place until at least 2027
Peltola defeat, Golden win among 11 US election results that matter to seafood
A ballot initiative aimed at repealing the ranked choice voting system relied upon by US senator Lisa Murkowski seems narrowly on the verge of passage
Full recap of China seafood expo
Undercurrent News presents a recap of our coverage from the China Fisheries and Seafood Expo 2024
Week 47 farm-gate shrimp roundup: Ecuador, India prices edge up while China diverges
Farm-gate shrimp prices strengthened in Ecuador and India this week while other Asian markets showed mixed trends in week 47
Indian shrimp processors bet on China, black tiger shift amid Ecuador pressure
Indian shrimp processors are investing in new facilities and technology upgrades despite pressure from Ecuadorian competition and weak demand in traditional markets
US lawmakers demand probe into whether taxpayer dollars are funding Ecuador’s shrimp boom
Three congressmen are calling for a review of US cash backing foreign shrimp projects, saying it squeezes American producers