ANALYSIS: Strength in Shrimp Market Accelerating, Demand Robust and Supply Constrained
Shrimp market values have been on the rise all year but accelerated in the last 30 days. The current situation is unique and the environment unmistakably robust.
Demand has become quite active in tandem with the reopening of restaurants, but probably at a pace that has surprised most market participants. The issue at-hand is that suppliers are short, part intentional and part through no fault of their own.
Importers had been replenishing somewhat cautiously — and for good reason...
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