Understanding shrimp market prices

Lily - Senior Analyst
Lily - Senior Analyst
Understanding shrimp market prices

Farm Gate Prices

These are the prices at which shrimp is sold directly from the farms, before any processing or shipping. Farm gate prices are the initial selling prices and are crucial for understanding the baseline cost of shrimp production.

Prices of new orders (factory sale prices to importers)

This category refers to the prices at which factories sell new shrimp product batches to importers. These prices are set for new transactions and reflect the current market value of shrimp as determined by recent supply and demand dynamics. It represents the cost for importers to acquire new stock from shrimp factories.

Sales of stock in specific countries (For example China)

In contrast, the sales prices of existing stock in specific countries like China have their own dynamics. These prices are influenced by local market conditions, including supply, demand, and competitive pricing within that specific region. Sales of stock in these markets represent the selling price of already imported shrimp that is available for immediate purchase by wholesalers and retailers within the country.

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