Indonesia Shrimp Market Update : July 31, 2015
After long Eid holiday, activities have resumed back to normal in Indonesia. The current supply of raw material after the holiday is short. Before holiday harvests were few but in normal years there is generally a lot of harvesting prior to the Eid el Fitr holiday. This would indicate raw material supplies in Indonesia are not plentiful.
Raw material prices are moving up as packers need raw material to run through their factories. Prices may continue to move higher next week.