US tilapia importers’ rush to buy in stocks of Chinese tilapia prior to implementation of 25% import tariffs on Jan. 1 could leave them a tad exposed as prices fall in China and the US White House delays its proposed tariff hike by two months.
December 11, 2018SCF Group
Prices for shrimp raw material in India are coming down, with the US market, the main destination for the Asian country's products, also in the doldrums, sources told Undercurrent News. Industry players are hoping promotions start in retail now Thanksgiving is over, in order to stimulate the market.
November 28, 2018SCF Group
Thailand’s shrimp output in 2018 could even dip below 300,000 metric tons, as farmers enjoy high prices, but processors struggle.
November 12, 2018SCF Group
Tilapia farmgate prices in China have risen to a three-year high owing to a bump in US orders ahead of 25% tariffs, industry sources told Undercurrent News. “The price went up quickly,” Landy Chow, general manager of Siam Canadian China, a division of Thailand-based Siam Canadian, a frozen seafood distributor, told ...
October 24, 2018SCF Group
Chinese tilapia is about to get much more expensive in the US thanks to the new tariffs ordered by the US Trade Representative (USTR), but its price was already climbing months before, Siam Canadian Frozen Seafood Exporters notes in a blog on its web site.
September 20, 2018SCF Group