India Vannamei Shrimp Market Update : October 14, 2015
India Vannamei shrimp raw material prices remaining mostly unchanged across the board for the past 15 days. Raw material prices in Orissa & Kolkata still lower than in Andhra Pradesh and Andhra Pradesh processors continue to purchase aggressively from the other 2 states.
Orissa and Kolkata farmers apparently see some benefit in supplying to Andhra Pradesh due to better prices.
Andhra Pradesh processors are doing more value added items and less as HLSO block. Orissa & Kolkata processors are currently more focused on HLSO block shipments to Vietnam and China.
Vietnam and China markets for block have slowed down while US market for more value added has picked up so Andhra Pradesh processors are currently able to pay higher prices.
The landing patterns in Andhra Pradesh remain weak, especially big size counts, i.e. 30 or 40 pcs/kg.
The landings in Orissa & Kolkata are generally adequate except on smaller sizes i.e. 60 count and below which are scarce. The second crop in Orissa and Kolkata is expected to finish in November.
