Report coming from Vietnam suggest disease and bad weather is hitting shrimp production. Will this hit prices?
Well, Jim Gulkin of Siam Canadian Group, who’s Vietnam manager sent.
IntraFish the comments for today’s story, is unsure.
“Last week I was very confident that prices will fall,” he told The Buzz.” This week Indonesian farmers are now resisting lower prices. Thai prices are a little soft but not moving down to levels that would match prices from other origins.”
If the Vietnam farming problems increase then that could stem a price drop, he said. “If the problems are localized then my bet is still that prices will soften.”
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