ChinaTips

03 Apr 2020

ChinaTip #0108

Ecuador Vannamei EU market is closed, and all hopes are in China

The European Union is the main vannamei market in Ecuador, but the main consuming countries, such as Italy or Spain, are closed at the moment.

The reason why most of the factories in Ecuador are closed, only a few remain working and putting all their energy to sell as much as possible into China, lowering prices greatly.

This is a great opportunity for China. On the one hand, prices are very low, bu ton the other hand, if Ecuador closes soon, leaving a deposit also implies a high risk.

Kategorien: Shrimp

Tags: china, prices, consumption, imports, ecuador, vannamei

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