Analyst Pin-board Shrimp sector: Export prices will remain low due to oversupply and the Coronavirus outbreak
World shrimp production has recovered strongly since 2017 thanks to favorable weather and larger farming areas, in addition to strong farming reform efforts in some countries. Supply surplus has put more pressure on export prices. Export prices in 2018 and 2019 have reached a low since 2014 in June and July last year during the main harvest season. The price does not show any obvious sign of recovery.
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