India Shrimp Market Outlook : November 13, 2015
Vannamei Raw material prices in India have been holding mostly steady over the past 14 days.
Vannamei R/M prices in Orissa and Kolkata are still 30-40 Rps/kg below Andhra Pradesh levels. Processors in Andhra Pradesh continue to garner the majority of R/M from Orissa and Kolkata.
Raw material landings are dropping continuously leading to increased competition among packers. Apparently only 20-30% of raw material stocks remain in Orissa and Kolkata which is expected to finish by end of November.
In Andhra Pradesh, the current availability is mainly for HOSO sizes 31/40 down to 71/90. These sizes will likely be available in adequate volumes thru November end. Then landings of larger sizes increase. Harvests are expected in Andhra Pradesh in December from August-September stocking.
Generally the demand from China and Vietnam still remains lower than earlier in the year