Thai seafood importer and distributor Siam Canadian has been enjoying the fruits of its blossoming Latin American operation this year,

Although there was concern last year at the rate with which Ecuador was turning to value-added shrimp,

“We’ve done very well there,” CEO Jim Gulkin told Undercurrent News. “I can’t tell you the volumes offhand, and it’s still difficult to grow supply

It’s possible US shrimp import pricing has tapped a articularly muddy bottom, but the market has little leverage to push itself back to the surface.

It’s possible US shrimp import pricing has tapped a articularly muddy bottom, but the market has little leverage to push itself back to the surface.

There are signs seafood demand is picking up in China after the country abandoned its zero-Covid policy in November 2022

‘The supply/demand relationship will right itself over time. We expect to see a period of lighter year-over-year imports’ — Joe Rosenberg, co-president, CenSea

The Chinese government’s decision to ease restrictions on public movement and negative test requirements may have unintended consequences for seafood reprocessing.

‘The inventory has to get worked through before business gets back to normal and the inventory hasn’t been worked through yet’ — James Gulkin, Siam Canadian Group