Ecuador White Shrimp Struggling in Chinese Market After Peak Prices, Oversupply and New Rules
November has seen Ecuador’s white shrimp export to China set a new high record within the past decade. It has ballooned by 305% to reach 45,796.27 tons compared with the same period of 2018, while it has skyrocketed by 11,350 tons from 34,446 tons in October.
As statistics show, Asia is a main buyer of Ecuador’s white shrimps, and its purchase makes up 66% of Ecuador’s total sales from January to November of 2019. And among all Asian countries, China is an important player...
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