In the US market, the price of 41/50 deheaded shrimp fell from $3.50/lb before January to $3.00/lb, a 14% drop, the lowest price in three years (Urner Barry data). On the other hand, the price of raw shrimp in India is also falling in the US shrimp supply country: 60/kg white shrimp price fell from INR 330/kg to INR 285/kg in January (43 weeks to 47 weeks), a drop of 14% Other specifications of shrimp fell by 8-13%. 40/kg fell 10% to INR 385/kg, 50 ended 8% to INR 330/kg, 70 fell 12% to INR 265/kg, 80 fell 11% to INR 240/kg, 90 fell 12 % to INR 220/kg, 100% down 13% to INR 200/kg
Read More »