27 Jun 2021

ChinaTip #0621

Chinese domestic live shrimp market is weak.

Coupled with the impact of the epidemic, market consumption has declined, and shrimp prices have been greatly affected.

By the end of June, the country has basically entered the hot summer weather, and the shrimp market seems to be getting colder and colder.

On the one hand, there was more rain this year in some farming areas in the south, which led to a high incidence of diseases and reduced production.

On the other hand, southern provinces like Guangdong have been affected by the epidemic, which has brought a certain impact to the consumer market of vannmei shrimp. Some farmers in Hainan Province say that the big size shrimp were sold to Guangdong in the past, but this time the severe epidemic in Guangdong has caused big size sold slowly.

Prices in other Chinese markets did not fluctuate much and tended to stabilize. Generally speaking, at the end of June, prices in the main producing areas of China’s major vannamei shrimp have not improved much! Farmers can only trust in July.

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Categories: Shrimp

Tags: domestic shrimp, live shrimp, prices

Chinese domestic live shrimp market is weak.

This post was written by: Lily - Senior Analyst

Lily - Senior Analyst

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