India Shrimp Market Update : January 27, 2016
India shrimp raw material prices up INR 10/kg across the board. Landings are slow and mostly covering HOSO 50 pcs/kg and smaller.
Cochin shrimp packers buying raw mat in Andhra Pradesh and more active than Andhra packers, often paying an INR 10/kg premium to secure raw mat.
Vietnam #shrimp packers booking HLSO ex-India but not in large volumes as sizes are too small for their requirements and higher than their target levels. Expect Vietnam activity to pick up after Lunar New Year holiday.
India production expected to be tight into March.