Seafood News Supply & Trade

Oversupply concerns Thai shrimp farmers

World Headlines UK supermarkets give green light... Stylish cuisine Collaboration key for China...  Weak yen reduces Japan’s crab... Scottish Salmon Co. has positive... Mussel prices boost Sanford’s... Nonprofit buys Cannon Fish Co. China offshore catch tops... China Fishery evaluating new offer... EMS spares Philippines New Sealord technology to study... Copeinca declines China Fishery... Scottish Sea Farms invests GBP 2m... Weather clears for Copper River... LSPMB bill passes Senate, heads to...

By SeafoodSource staff
30 April, 2012 - Thai shrimp prices are likely to decline further as hot weather will force early harvesting and lead to an oversupply in the market.

Prices have been falling for several weeks with no sign of recovery, said Suwattanachai Visetcharoen, head of the Samut Sakhon Shrimp Farming Club.

A kilogram of small shrimp (70 head) was selling at THB 103 yesterday, down from THB 120 two weeks ago, he said, even though April is not normally a peak production period.

Local market prices have declined following the report of a huge shrimp harvest in the first quarter of 138,000 metric tons, a 15 percent rise from the same period of 2011.

Click here to read the full story form the Bangkok Post >

| Printer Friendly Version | Back to home »