White Shrimp Are Seeing Price Decline and Uncertain Future in Chinese Market
White shrimp have suffered from continuous price contraction from May to early June. With increasingly large aquaculture scale in recent years, some insiders have worried if farmers will be able to earn satisfying profits or not, considering factors like greater supplies, higher disease incidence and uncertain seed qualities.
Shrimp prices plummeted to great extents in China’s Jiangsu province in late May, and some traders complained that it is difficult to continue their business. And there are few signs of market rebound...
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