Producers are waiting on the rest of the value chain to shift stocks still left over from the pandemic — at a loss, in some cases — but there are some slight signs of recovery

“Due to the decline in market prices across all seafood items, it’s likely that only a limited number of shipments will meet or exceed the USD 250,000 threshold per container. “

“I believe that the ban on Japanese seafood is not as significant as people imagined,” Chow said. “In a couple of months, China [will] find an alternative source for the banned seafood.

The Vietnamese shrimp sector is hopeful that the stocks throughout the supply chain can begin shifting before the end of 2023, but its global competitiveness is the real issue

Ecuador’s growing dominance in the global farmed shrimp arena presents a potential opportunity for US importers — and another big hurdle for domestic producers

“I would estimate that when purchasing starts, we would be looking at an increase of 7-12% in the near term,” Jim Gulkin told Undercurrent

The US imported 62,401t of shrimp worth $523.6m in May 2023, 17% less volume and 12% less value than in May 2022, marking the 11th

Prices for 500 gram to 800g whole live tilapia have fallen to just CNY 7.60per kilogram at the farmgate in Hainan, in the country’s south

Hopes are largely pinned on export market improvements in the second half of the year but if that does happen, supply may well be unable