Vannamei prices fall in Indonesia but smallest size bucks trend
Shrimp prices in Indonesia have experienced a decline across most sizes, except for the 100-count shrimp, which saw an increase in week 37
Week 37 shrimp prices start higher in Ecuador, firm in Vietnam, Thailand
The increase in Ecuador is the first since May, while prices continue to rise in Thailand and remain firm in Vietnam, according to the latest global round-up by Undercurrent News
Maruha Nichiro targets over 100% sales growth in China despite Japanese seafood ban
Despite China's ban, the Japanese giant has set future sales targeting 100% growth in China through its global supply chain
Shrimp greenhouses outperform RAS, earthen ponds in China
Luca Micciche of Verdesian estimates production from greenhouses in China will be 700,000t in 2024, with total annual Chinese output at 2.5m metric tons
Omarsa targets 50% farm ownership with huge low-salinity RAS buyouts
Ecuador's second-largest shrimp exporter has acquired 2,000 hectares of land for RAS farming over the past 18 months, and intends to add another 1,000ha before year-end
Ecuador’s farm-gate shrimp prices finally jump, closing gap with Asia
According to Undercurrent News' price index, farm-gate, head-on raw material prices in Ecuador have increased 4-7% in week 36, finally following the levels seen in Asia
US adds Indian shrimp to forced labor list
Shrimp from India can still enter the US, but US importers now will face increased scrutiny and reputational risks
US shrimp importers see silver linings amidst another downer month
The US imported 61,213 metric tons of shrimp worth $481.8 million in July 2024, 12% less volume and 16% less value than the 69,501t worth $571.3m imported in July 2023
Global Shrimp Forum day three recap: New US tariffs to rapidly follow if Trump wins election, Rabobank analyst warns
Undercurrent News was live-blogging from the Global Shrimp Forum in Utrecht, the Netherlands, running from Sept. 3-5.
US shrimpers demand tougher restrictions on Peru, Guatemala
The US wild catch shrimp sector is urging stricter enforcement of sect. 609 to protect sea turtles and ensure fair competition