Coming on the back of the flooding in Thailand, which sources expect will hit the world’s largest producer to the tune of 50,000 metric tons, buyers are concerned with the outlook for other Asian shrimp-producing countries.
“Vietnam white [vannamei] shrimp prices are generally on the high side right now, partially affected by black tiger prices,” said Jim Gulkin, managing director of Siam Canadian, a Bangkok, Thailand-based trading group.
Also, white production is still relatively low, expecting increased landings June to July, said Gulkin.
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