The wider availability of Ecuadorian shrimp is likely to weigh heavily on already low shrimp prices after Chinese demand for the South American nation's products collapsed in the wake of the alleged discovery of traces of COVID-19 among recent shipments, market sources told IntraFish.

Indian packers are not expected to move in to plug the gap in supply in China because processing plants there are running well below capacity as COVID-19 cases surge and producers seem uninterested in selling at the low prices being offered by Chinese buyers.