Print This Page


September 22, 2015

China

Prices Drop During Summer 2015...But

 

During the summer of 2015, shrimp prices in Zhanjiang and Fujian provinces dropped about 20% from the same period last year...but the outlook is for them to stabilize at the current level.

 

Farmers had to sell more small shrimp this year because of heavy rainfall and the prevalence of disease.  Shrimp traders have been turning down sales of some low quality diseased shrimp, leading to lower volumes at the wholesale level.

 

Recent reports from around Zhanjiang are for better survivals in August, and there is some feeling that the fall crop will be better.

 

Demand has been weak, but wholesalers expect it to pick up around the Lantern Festival (mid–August), when they expect an insufficient supply of shrimp at larger sizes.

 

Source: Seafood.com (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email jsackton@seafood.com).  Zhanjiang Shrimp Prices Lower, as Disease and Lackluster Demand Take Toll.  Translation by Amy Zhong.  September 21, 2015.

Print This Page