Thai shrimp exports are still being hit hard by increasingly high freight rates and several monsoon storms in recent weeks, which is why raw material prices are constantly rising, according to frozen seafood supplier Siam Canadian Group's latest market update.

Shrimp exporters in Thailand are coping with an increase in shipping costs, even as they experience high demand for their products during the upcoming holiday season, according to Bangkok, Thailand-based seafood trader Siam Canadian.

Le Thi Thuy Trang, sales manager for Siam Canadian Group’s Vietnam office, confirmed to Undercurrent that these sizes were already “very short”.

Bangkok, Thailand-based global seafood and meat supplier Siam Canadian has opened its newest office in Guayaquil, Ecuador, as part of the company’s strategy to expand its footprint in South America.