After shortlived dip, white shrimp prices rising in China, and predicted to remain high this fall
SEAFOODNEWS.COM [Shuichabn News] Translated by Amy Zhong Sept. 2, 2014
The whiteleg shrimp supply is remains limited while the purchase price stays high in the four provinces of the South China.
This year can be divided into three different stages based on the prices of whiteleg shrimps with the size of 50 shrimps per jin (1 jin =0.5 kilo) in the Pearl River Delta area (PRD), Zhanjiang and Fujian during 2014. The first stage is the period from February to April when the shrimp price is very high. The second one lasts from May to the late June when the price is in decline and is depressing. And the third one starts with the early July when the price begins to rise.
It is learnt that the shrimp traders of various places have increased their purchasing volume of whiteleg shrimps in preparation for the coming Mid-Autumn Festival. And the shrimp price has stayed high recently and it is expected that there will be an increase in the price during the holiday owing to the limited shrimp supply.
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