White Shrimp Shortages in China Force Skyrocketing Price Increases
SEAFOODNEWS.COM [Shuichan] translated by Amy Zhong - February 5, 2018
China’s farm gate prices of white shrimp continued to grown in late January and some regions have no shrimp available. This serious shortage has brought about a drastic price increase. Overall prices rose slightly in the fourth week of January, while the prices jumped to about 40 to 42 yuan/jin (1 jin=0.5 kilo) ($12/kg-$13.35/kg USD) for those at 40 shrimps/jin in the Pearl River Delta (PRD) region. The price ...
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