08 Jul 2022

VannameiTip #017

Raw material prices of Ecuadorian vannamei shrimp continue to rise.

Raw shrimp prices in Ecuador have risen again this week. The main reasons are: on one hand, prices have risen due to the increase in farming costs; on the other hand, the indefinite strike in Ecuador has led to road blockades, and violent incidents have occurred from time to time, which has a huge impact on the production of vannamei shrimp.

Ecuadorian exporters say it is difficult to find cheap raw materials or suitable sizes due to rising prices. The price of raw shrimp is rising every day, and the factory is worried that the price will increase after the order is made.

The situation of headless shrimp in India has also increased slightly. The demand for small-sized headless shrimp has increased, and the price has risen significantly.


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This post was written by: Lily - Senior Analyst

Lily - Senior Analyst

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