Thailand Shrimp Market Update : August 10, 2015
Thailand shrimp prices have moved up over the past week. Demand from processors attempting to secure enough raw mat to fulfill pending orders is strong and supply not adequate at this time.
Many processors are absorbing cost differences in order to maintain workable DDP prices. Processors are hoping raw material prices will eventually come down when supply improves and/or when majority of the orders are already shipped out.