China Shrimp Market Update : September 7, 2016
China shrimp production- optimism earlier in year of increased production for 2016 has faded. Now looking like best case scenario production will equal 2015 but many now say could be 10-25% less than 2015.
China shrimp production – 70-80% now going for domestic consumption. Only 20-30% for export. Estimated harvest for 2016: 600,000-700,000 MT
China continues to increase shrimp imports from India and other Asian countries as well as Ecuador and other Central and South American countries.