India Vannamei Market Update : October 7, 2015
India Vannamei raw material prices remain largely unchanged from last week. Raw material price in Orissa & Kolkata is cheaper than those in Andhra Pradesh and as a result, around 40% of the harvest in Orissa and Kolkata is being transported to Andhra Pradesh. We are hearing that packers in Andhra Pradesh pay the farmers on spot and therefore are using this to their advantage to obtain raw material.
Landings are there but not large quantities. It is expected that this second crop may not have good yield because there has been more harvesting on small sizes than initially expected and that will likely affect the availability of large sizes in upcoming months.