Chinese seafood leaders project heavy losses amid sector headwinds
China's seafood industry is forecasting significant losses for 2024 amid weak consumer demand, price volatility, and extreme weather events that hit coastal operations
Indonesian shrimp prices continue to strengthen in week 5
Prices for Indonesian vannamei shrimp have continued to rise through the fifth week of the new year
Indian shrimp broodstock supplies fell to lowest level for over six years in 2024
Data from Shrimp Insights shows that Indian broodstock supplies from overseas and to local hatcheries fell by 12% y-o-y and are down by 30% since 2021
Major Ecuador shrimp supplier sees late Chinese live volumes impact prices
Normally, the live supply from the greenhouse farms drops off just before the Chinese New Year, but not so in 2025
Week 5 farm-gate shrimp roundup: India leads Asia gains, Thai markets peak
Indian and Indonesian shrimp prices continued their upward trajectory in week five, while Thai material held near two-year highs
US wholesale: Week 5 ‘Market pulse’ updates available on key seafood commodities
Undercurrent News' week 5 'market pulse' updates on US wholesale markets for various key commodities are available on our new platform
Vietnamese shrimp sector hopeful for continued market recovery after 2024 improvement
Vannamei shrimp exports were up 15% in volume and 9% in value for 2024, and the hope is that improved market demand, prompted by Asian national holidays, can see that continue
US wholesale: Shrimp prices in week 4 mixed, but gains continue in peeled, deveined
Price action for US wholesale prices in week 4 was mixed for imported, farm-raised white and black tiger shrimp, with easing in some categories but strength being maintained in peeled and deveined.
Trade insights: China’s strong December shrimp imports soften full-year drop
China's imports of frozen warmwater shrimp reached 90,236t in December 2024, softening the drop in full-year imports to 915,778t, down 7% year-on-year
US shellfish M&A: Direct Source ups foodservice sales after deal for Amende & Schultz
Direct Source Seafood is growing its foodservice sales having merged with one of the largest importers and wholesalers of Mexican wild-caught shrimp and other crab species