+66-2-185-3311
/
Contact Us frozen seafood suppliers , frozen seafood exporters, seafood supplier, seafood exporter, frozen fish supplier, frozen fish, white shrimp, black tiger shrimp, vannamei, cuttle fish, tilapia, pangasius, rohu, supplier, exporter
Siam Canadian Group Siam Canadian Group Siam Canadian Group
Menu
  • Home
  • About Us
  • Our People & Goals
  • Our Five Core Services
  • Our Products
  • Contact Us

Will return of Thai shrimp supply see resurgence of long-term program buying? : May 21, 2015

Tom Seaman – UNDERCURRENTNEWS

Will return of Thai shrimp supply see resurgence of long-term program buying?When early mortality syndrome decimated Thai shrimp output, North American retail and foodservice giants had to switch approach.

Instead of buying on six to 12 month contracts, they dropped to three months, at the most.

This was partly in reaction to the price rise caused by the supply shortage from EMS. Now, the prices have dived and are a fraction of the peak.

“Thailand is the producer of choice for the long-term programs,” said Jim Gulkin, managing director of Siam Canadian Group.

When Thailand’s volumes dived, the big North American buyers where not able to get the same long-term commitment elsewhere as easily, he said.

Some large Indonesian and Vietnamese packers do long-term programs, but not most, he told Undercurrent News.

Indonesian packers got caught on long-term contracts locked in before the prices rocketed up, so are still very “gun shy” on this way of working he, said.

India, where production has rocketed up in 2014, is not known for selling on a long-term basis. So, even with the big reduction in output, most big North American buyers kept in with Thailand, said Gulkin, hoping production would recover.

Now, this seems to be happening, meaning a return to more long-term buying could be on the cards.

With Thai production starting positively in 2015, levels of between 250,000 metric tons and 270,000t are being talked about for 2015.

Although this is an improvement, Thailand needs around “400,000t to be competitive on price in the global market”, said Gulkin.

The North America buying season starts around now, running through July.

Source:
Source form Undercurrentnews
Contact us : Siam Canadian Group Frozen Seafood Exporters for more formation:
Email: info@siamcanadian.com

Tags: ems, frozen shrimp, shrimp prices, thailand shrimp

Share the Post

Related Posts

Thailand Shrimp
Read More
Asia’s shrimp industry facing long road to recovery : IntraFish
Read More
Freshwater Shrimp
The Buzz: Will Vietnam problems impact shrimp prices
Shrimp buyers wary of price crash, countervailing duties
Read More
Thaifex 2017 blog: How EMS repainted the global shrimp picture : Intrafish
Read More
Thailand Shrimp Production 2010-2014
Read More
China Shrimp Market Update
  • Black Tiger Shrimp
  • Vannamei White Shrimp
  • Seawater Shrimp
  • Freshwater Shrimp
  • Seawater Fish
  • Freshwater Fish
  • Cephalopods
  • Value Added Products
  • Miscellaneous
  • China Products
  • International Trade Division
  • Imported Products
Siam Canadian Group : Frozen Seafood Exporter

Siam Canadian Group : Frozen Seafood Exporter

Our Tweets

Come visit Siam Canadian at Brussels!! – https://t.co/PDg89B83GO

SiamCanadian 2 days ago

Pangasius Floor Price to help meet USA quality standards- https://t.co/yUEWay0IZV

SiamCanadian 16 days ago

Link

  • Home
  • About Us
  • Our Five Core Services
  • Our People & Goals
  • E-Catalog
  • Employment
  • Site Map
  • Contact Us

Contact us

Siam Canadian Group Limited

9th Floor, Suite 283/44, Home Place Office Building.
283 Thonglor 13, Sukhumvit 55
Kongton Nua, Wattana, Bangkok 10110,
THAILAND
Call us at +66-2-185-3311
Fax: +66-2-185-3317
e-mail : info@siamcanadian.com

Follow Us

Copyright 2018 - Siam Canadian Group Limited : Frozen Seafood Supplier
  • Home
  • /
  • About Us
  • /
  • Our Five Core Services
  • /
  • Our People & Goals
  • /
  • E-Catalog
  • /
  • Employment
  • /
  • Site Map
  • /
  • Contact Us
  • /