India Shrimp Market Update : September 15, 2016
India shrimp raw material price up INR 5-10/kg on HOSO 30 – 60/kg counts. Prices on other sizes remain unchanged this week.
Landings in Andhra Pradesh continue to be weak. Odisha and Kolkata faring better with harvest from 2nd crop already underway.
Current main sizes landing equivalent to HLSO sizes 26/30 down to 71/90. Some Odisha and Kolkata packers able to offer straight load on some sizes.
Andhra Pradesh shrimp packers very active purchasing raw material from Odisha and Kolkata farms due to lack of available raw material in their area. Despite some mortality issues, landings in Odisha and Kolkata likely to improve over next 2 weeks.
Expect that continued demand from USA, China and Vietnam as well as substantial order backlog will maintain upward pressure on India shrimp raw material prices well into October.