Ecuador Shrimp Prices Decline as Processors Explore New Markets

In week 13, Ecuador’s shrimp prices fell, impacting processors who are exploring different markets. India saw a slight decrease while prices in Vietnam continued to decline, highlighting trends in the global shrimp trade according to Undercurrent News.

Ecuador has observed a decline in farm-gate shrimp prices as processors search for alternative markets. This price drop coincides with similar trends in global shrimp prices, with India experiencing a minor decrease and Vietnam continuing its downward trend in week 13, as reported by Undercurrent News. Such developments reflect the changing dynamics in the global shrimp trade and the necessity for adaptations within the industry.

In conclusion, the shrimp market is witnessing significant fluctuations, particularly in Ecuador, where prices are dropping. As processors seek new market opportunities, similar declines are seen in India and Vietnam. These shifts underline the ongoing challenges and adaptations within the seafood sector.

Original Source: www.undercurrentnews.com