Shrimp Run into Trouble Again in Chinese Market
China’s domestic and live shrimp prices have been on a roller coaster ride this November, mainly due to enthusiastic farmers and reluctant buyers. Despite an early revival, some imported shrimp have also suffered from obvious sales contraction, and their prospect seems far from promising.
After a slight increase, prices of the country’s live shrimp declined in mid-November in such regions as Shandong and the Pearl River Delta region. Meanwhile prices took the opposite route in others like Guangxi and the western Guangdong. Despite this difference, depression has been common in...
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