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August 1, 2013


Minh Phu Chairman Predicts Shrimp Prices Will Keep Rising


Le Van Quang, chairman of Minh Phu Seafood Corp., Vietnam’s largest exporter of seafood, said the declining supply of shrimp from many exporting countries caused by early mortality syndrome (EMS) and the increasing demand of major countries such as the USA, Japan and the European Union would push up shrimp prices in the final months of the year.  From January to June 2013, Minh Phu exported over 14,400 tons of shrimps valued at $175.3 million. 


Vietnam has almost controlled EMS.


Source: (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email Minh Phu Seafood's Chairman Predicts Shrimp Prices Will Keep Rising in 2013 on Supply Shortage.  Michael Ramsingh (phone 1-732-240-5330, email  July 31, 2013.


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