It has been an intense year for importers active on the north-western European market. This is illustrated by dropping import volumes over the summer, climaxing with a year-on-year decrease of 21 percent in August.
In the last market update in ShrimpTails, we predicted that, as the first containers with new, more expensive stock would enter the market in August, this would establish an upward price trend resulting in a more stable market. Observing the events of past three months, we found that this has, unfortunately, not been the case and a more stable market is still far off.
