Vannamei Shrimp Market Intelligence: Expect price hikes in coming weeks!

Prices for all sizes of HOSO and HLSO products in Ecuador remained stable this week. In India, prices fell further this week in Andhra Pradesh for most specs. In Indonesia, climate conditions have not improved. Farm prices in East Java and Lampung remained stable but low. In Vietnam, the price of large and medium-sized white shrimp increased, while the price of small-sized shrimp remained stable from last week.

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Ecuador
Prices in Ecuador remained stable this week for all sizes, including HOSO and HLSO. Ecuador continues to hold steady production but still faces high production and freight costs. Price stability is due to stable production volumes and stable market demand in China and the United States. According to industry sources, as Chinese importers prepare for the Mid-Autumn Festival in September and year-end celebrations in the United States and China. Ecuadorian farmers and producers expect prices to rise in the coming weeks.
The price for the 20/30 size remains at $5.50/kg.
The price for the 30/40 size remains at $4.90/kg.
The price for the 40/50 size remains at $4.40/kg.

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Week 35 Ecuador, Guayas HOSO Price

HLSO's products:
The 16/20 size price remains at $7.50/kg.
The 21/25 size price remains at $6.39/kg.
The 26/30 size price remains at $5.95/kg.

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Week 35 Ecuador, Guayas HLSO Price

India

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Week 35 India, Andhra Pradesh

In Andhra Pradesh, prices fell further this week for most specs.
The 30-head size fell $0.13 to $5.55/kg.
The 40-head size remained steady at $5.04/kg.
60 head size down $0.12 to $4.29/kg
The 100 head size fell $0.13 to $3.53/kg.
Stocks in Andhra Pradesh started to recover last week after heavy rains in June and July, and stock activity is expected to improve further in the coming weeks. India's harvest in the fourth quarter is expected to be later than year-end celebrations in the U.S. and EU due to inventory delays, but it could still catch up with Chinese New Year celebrations in early 2023.

Indonesia

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Week 35 East Java, Indonesia

Prices in East Java rose this week, and prices have remained stable for all sizes in East Java since last week. Prices remained at $5.21/kg for the 40-head size, $4.54/kg for the 60-head size, and $3.81/kg for the 100-head size.

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Week 35 Lampung, Indonesia

Prices for all sizes in Lampung also remained stable.
The price for 40 heads is $5.14/kg.
The price for 60 heads is $4.47/kg.
The price for 100 heads is $3.74/kg.

Vietnam

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Week 35 Mekong Delta, Vietnam

Large-sized shrimp prices for Vietnamese vannamei rose.
The 100-head size remained steady at $4.06/kg.
The 30-head size increased by $0.22 to $6.63/kg.
The 60-head size increased $0.13 to $4.92/kg.
The price increase for the larger sizes was due to increased market demand related to holiday deliveries. Despite heavy rains last week, the farms are still harvesting. However, this has led to delays in replenishment as farmers look to wait for weather conditions to improve.
Prices of black tiger prawns of various sizes remained stable this week. The price of 20 heads is $13.68/kg, the price of 30 heads is $10.47/kg, and the price of 40 heads is $7.69/kg.


Post time: Sep-02-2022

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