Demand for crustaceans is strong in China this month as local shrimp supply enters peak season and consumers switch from white fish due to a moratorium on fishing in the country’s main seas.
Shrimp prices weakened as there’s been a rush of supply onto the market due to a sell-off by producers worried about potential outbreaks of disease. A wholesaler at the Dongfang Seafood Market in Shanghai (one of China’s three biggest seafood markets) quoted average domestic shrimp wholesale price