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August 6, 2014

China

Poised to Push Shrimp Prices Higher

 

Disappointing production and the damage caused by Typhoon Rammasun are pushing shrimp prices higher in China.

 

China's import and export statistics for shrimp show frozen shrimp exports through June are down 13.5%, while imports are up 7.2%.  Fresh shrimp imports from Thailand through June 2014 were down 20%, but they were replaced by a surge in imports from Vietnam.  Ecuador has also increased its sales to China.

 

Source: Seafood.com (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email jsackton@seafood.com).  China Poised to Push Shrimp Prices Higher.  John Sackton.  August 1, 2014.

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