Thailand’s minimum shrimp price scheme has seemingly already had an impact, while in India farmers are also getting higher levels, according to Undercurrent News sources.

BANGKOK, Thailand -- The collapse of vannamei shrimp prices in recent months is expected to see production in Thailand decrease rather than increase, as was previously being forecast, sources told Undercurrent News.

A best-case scenario proposed by some who are more bullish in the sector in Thailand is parity with 2017, which was around 300,000 metric tons. Initially, the forecast had been for an increase to around 310,000t.

BANGKOK, Thailand -- A big Thai shrimp exporter said the country’s government is not providing any financial support in a scheme designed to increase process for farmers.