Indonesia Shrimp Market Update
Ramadan Holiday starting July 15. Factories will resume back only on 27 July. Unlike previous years farmers have been holding back and not pushing to sell their raw material and not accepting lower numbers. Factories are not aggressively trying to buy raw material. Raw material prices have been firm for the past 2 weeks.
In some areas raw material supply is short due to disease problems. In other areas farmers are simply holding back harvesting to push up prices.