All employees in the Ecuadorian shrimp factory are vaccinated, making frozen shrimp safer.
According to the quotation on August 8, the raw material price of Ecuadorian shrimp remained stable. This is mainly due to the strong demand in the US market, but the return of competitor India to the US and European markets has led to a sharp drop in the price of Ecuadorian headless shrimp.
The outbreak of the epidemic in Vietnam is seriously affecting the local shrimp farming industry. The price of Vietnam shrimp plummeted by 12% within a week. The local government implemented social controls, resulting in a sharp reduction in workers and insufficient processing capacity. Some companies have been forced to shut down. At the same time, due to the increase in inspections and delays, the transportation of raw shrimp is also restricted. Affected by various comprehensive factors, the price of black tiger shrimp is also at a historical low.
In China, the regulatory policies of various regions have been upgraded, and there are many difficulties for picking up containers, taking a long time for clearance. In this context, the spot on hand by importers is very precious. Although foreign quotations have not increased significantly, the domestic price rose by 10-15 yuan per item, which is equivalent to 15,000-20,000 yuan per container.
