Last week, Ecuadorian shrimp manufacturers offered:
60/70 $5.6 (salt frozen +0.2$, the quotation is for reference only, subject to the actual factory)
Since the past month, the quotations of the Ecuadorian shrimp have not changed much, and have continued to operate at a high level. Among them, the price of 30/40 has repeatedly broken $7. 40/50 have also been affected, the price has soared from 6.3 US dollars to 6.8 US dollars.
Foreign manufacturers are generally optimistic about the market in October and November. A representative of Omasa manufacturers said, “This is the Spring Festival stocking stage for the Chinese market, and we believe that the situation will be better”.
Throughout 2021, the price of Ecuadorian shrimp has been at a high price for a long time, which has exceeded the expectations of importers. If it continues to rise, it will affect the order volume in the Chinese market. If the timing is not right, the prices going upside down is a scenario likely to occur.