India Shrimp Raw Material Update : June 19, 2015
India shrimp raw material prices remain mostly unchanged this week.
The main issue in India seems to be the shortage of small sizes i.e. 60 counts and smaller. Those sizes are currently in great demand from China and Vietnam but packers are struggling to procure the raw material. The only chance for farmers to harvest smaller sizes anytime soon would come only if they foresee that there would be a heavy monsoon. Otherwise they will be waiting for shrimps to grow.
Major landing is now with 30, 40, and some 50 counts.
Processors are anticipating more inquiries from North America and Europe since those markets generally use more of larger sizes. However, in reality, the demand from those markets still remains quite tepid.