Strong demand keeps Gulf shrimp prices at record levels as imported prices ease
SEAFOOD.COM NEWS April 14, 2014
The Gulf of Mexico shrimp market is at new record high levels as the ongoing global supply shortage has driven industry participants to manage inventories through higher prices.
White shrimp prices for 26-30 ct. Gulf product recorded a new all-time high in trading during the first week of April, with an average quote at $8.05 per pound according to Urner Barry. Last month, the average price was up 43 percent from year-ago levels at $7.78 per pound.
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