China's White Shrimp Market Rebounds After Chinese New Year Shopping
Chinese New Year was disappointing for China’s white shrimp industry participants due to limited holiday demand, continuous price contraction, as well as aquaculture-unfriendly weather. However, shortly after the festival, white shrimp enjoyed a noticeable price increase in this oriental market, which pleases industry participants who were upset about recession just a few days ago.
Around late February the white shrimp market started to rebound, according to statistics from Fishfirst.cn. In the Pearl River Delta (PRD) region, for example, the prices have increased by...
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