Week 27 shrimp prices in China’s Jiangsu lead global market weakness
Producers in Jiangsu province are struggling with record-low prices, as the latest Undercurrent roundup of global farm-gate prices shows similar patterns elsewhere
Vietnamese shrimp exports to all main markets rise, but freight rates hinder interest
Major shrimp importers including the US, China and Hong Kong, the EU and Japan all upped their vannamei imports, but shipping rates are hampering new deals and prices
Recap UCN’s 2024 Shrimp Summit coverage
Undercurrent News reported live from the 2024 Shrimp Summit held in Chennai, India, between June 27 and 29
New bill would empower US food safety agency to destroy rejected seafood, prevent ‘port shopping’
The Southern Shrimp Alliance says the new bill would close a loophole that allows foreign exporters to ship rejected seafood back to the US
2024 Shrimp Summit: China shipment ban created 70,000t backlog in Ecuador
Undercurrent News was reporting live from the 2024 Shrimp Summit in Chennai, India, taking place June 27-29
Week 26 upticks in Vietnam, Indonesia shrimp prices stem recent falls
Prices for farm-gate shrimp are still low amid seasonally high production -- but the bottom may have been reached in Indonesia and Vietnam
Australia’s Seafarms sells farms for $9m to focus on vast black tiger project
Seafarms is selling two shrimp farm sites focused on 'banana prawns' for the domestic market, which is 'not a part of its strategy going forward'
Week 25 Chinese farm-gate shrimp prices near joint-lowest level in decade
Prices also dipped in Ecuador and India, according to price data tracked by Undercurrent News
Red Lobster debt holder Fortress seen as most likely buyer after key creditor deal
US-based Fortress, which manages $48bn in assets, is seen as the most likely candidate to rescue Red Lobster from Chapter 11 bankruptcy
India’s Gujarat state goes all in on black tiger as China buys surplus
95% of the production from India's second-largest shrimp producing state is expected to be black tiger this year, with conditions and market downturn making vannamei farming uneconomic