Importers predict falling shrimp prices from China, India, Thailand

Russia's Fish Union expects prices of vannamei shrimp from China, India and Thailand to drop over the next two months.

In its bi-monthly report on price predictions, the union of Russian seafood processors and importers says Chinese suppliers are "struggling" to sell stocks of cooked, head-on, shell-on (CHOSO) vannamei.

As a result prices of frozen CHOSO vannamei from China are dropping and are expected to stay low for July and August, it said.

The union predicts a price range of $3.90 to $6 for CHOSO, frozen count, depending on sizes and based on cost and freight (CFR) prices in St.