Prices for most HOSO and HLSO sizes fell in Ecuador this week.
In India, prices for large-sized shrimp fell slightly, while prices for small and medium-sized shrimp increased. Andhra Pradesh experienced persistent rain last week, which could have an impact on stocking expected to be in full swing from this weekend.
In Indonesia, shrimp prices of all sizes fell further this week in East Java and Lampung, while prices in Sulawesi remained stable.
In Vietnam, the prices of large and small sizes of white shrimp increased, while the prices of intermediate sizes fell.
Ecuador
Prices for most HOSO sizes started to drop this week, with the exception of the 100/120 size, which rose $0.40 from last week to $2.60/kg.
The 20/30, 30/40, 50/60, 60/70 and 80/100 are all down $0.10 from last week. The price for 20/30 is reduced to $5.40/kg, 30/40 to $4.70/kg and 50/60 to $3.80/kg. The 40/50 saw the biggest price drop, down $0.30 to $4.20/kg.
Prices for most HLSO sizes also fell this week, but 61/70 and 91/110, up $0.22 and $0.44 from last week, to $4.19/kg and $2.98/kg, respectively.
In terms of larger specs:
On 16/20 the price fell by $0.22 to $7.28/kg,
On 21/25 the price fell by $0.33 to $6.28/kg.
Prices for the 36/40 and 41/50 both fell $0.44 to $5.07/kg and $4.63/kg, respectively.
According to sources, domestic importers have been buying aggressively in recent weeks as they try to take advantage of weaker EU and US markets.
Ecuadorian white shrimp HLSO origin price chart
India
Andhra Pradesh, 30 and 40 saw a slight drop in price, while 60 and 100 saw a rise. Prices for 30 and 40 strips fell by $0.13 and $0.06 to $5.27/kg and $4.58/kg, respectively. Prices for 60 and 100 rose by $0.06 and $0.12 to $3.64/kg and $2.76/kg, respectively. As mentioned last week, we expect stocks to be in full swing starting this weekend. However, according to our sources, Andhra Pradesh is experiencing persistent rains, which may affect stocks in the coming days.
In Odisha, prices for all sizes remained stable compared to last week. The price of 30 strips remained at $4.89/kg, the price of 40 strips remained at $4.14/kg, the price of 60 strips reached $3.45/kg, and the price of 100 strips remained at $2.51/kg.
Indonesia
In East Java, prices of all sizes fell further this week. The price of 40 bars decreased by $0.33 to $4.54/kg, the price of 60 bars decreased by $0.20 to $4.07/kg and the price of 100 bars decreased by $0.14 to $3.47/kg.
While prices for all sizes in Sulawesi remained stable compared to last week, prices in Lampung also fell further this week. 40s fell $0.33 to $4.54/kg, while 60s and 100s fell $0.20 to $4.21/kg and $3.47/kg, respectively.
Vietnam
In Vietnam, the prices of large and small sizes of white prawns increased, while the prices of medium sized prawns fell. After falling last week, the price of 30 bars rose by $0.42 to $7.25/kg. According to our sources, the price increase for 30 bars is due to reduced supply of this size. The price for 100 bars edged up by $0.08 to $3.96/kg. The price of 60 bars fell a further $0.17 to $4.64/kg this week, mainly due to an oversupply of this size.
Prices of black tiger prawns of all sizes fell this week. The price of 20 bars continued its downward trend for the third week in a row, reaching $12.65/kg, $1.27 lower than last week. Prices for 30 and 40 strips fell by $0.63 and $0.21 to $9.91/kg and $7.38/kg, respectively. According to our sources, the price drop in various sizes is due to lower demand for BTS from end markets, resulting in fewer black tiger prawns being sourced by factories.
Post time: Oct-13-2022