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April 30, 2015

Thailand

Low Prices and EMS

 

On April 29, 2015, representatives of 3,000 small shrimp farms, hatchery operators, processing plants and related industries, led by Banchong Nisapavanich, chairman of the Thai Shrimp Farmers Federation, and by Somsak Paneetatyasai, president of the Thai Shrimp Association, sent a letter to Thai Prime Minister Prayut Chan-o-cha that called for urgent aid measures to ease their plight caused by the double blow of early mortality syndrome (EMS) and falling shrimp prices.

 

They have asked the Prime Minister to help stabilize white shrimp prices, ease financial liquidity for exporters, tackle early mortality syndrome and list shrimp on the national agenda, which would mean the industry is worthy of special treatment and care from authorities.

 

The coalition also called on the government to work out measures to control the appreciation of the Thai baht in order to increase export competitiveness.

 

During the week of April 21-25, 2015, domestic shrimp prices were quoted at $2.96 for whole, 100-count-per-kilo shrimp, down from $3.02 during the same period in 2014, when, at times, prices reached $6.05 per kilo.

 

Source: Bangkok Post.  Shrimpers Get Crabby About EMS.  Low Prices.  April 30, 2015.

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