India Shrimp Market Update : June 3, 2016
India vannamei raw material prices have moved up average INR 10/kg on most sizes.
Average raw mat prices in Odisha and Kolkata 30-35 INR/kg lower than Andhra Pradesh. Andhra processors purchasing raw material from Odisha and Kolkata in good volume and paying upfront to farmers. Odisha and Kolkata processors having to compete with Andra processors for raw material.
It appears that majority of current harvest from Odisha and Kolkata will be processed in Andhra Pradesh. A.P. processors have many orders on the books for USA and willing to pay higher prices for raw mat than local Odisha and Kolkata processors.
Currently all sizes are available but majority on 40, 50 & 60 counts HOSO.
Expect landings on larger sizes, 30 and 40 counts starting in 7-10 days so HLSO sizes 16/20 & 21/25 will have better availability which are currently scarce at this time.
China demand is currently strong while the demand from Vietnam slower as Vietnam processors hoping prices will move down which is unlikely.