The supply situation and price trend of farmed white shrimp in Thailand is volatile, a source in Thailand told IntraFish.
Raw material prices on all sizes have been continuing to move up rapidly over the past seven to ten days, he said.
"Some sizes are increasing as much as 12-15 percent on the head-on raw material cost from last week," the source said.
It is a combination of three negative factors, he said.
Firstly, a temporary shortage, with “many major packers rushing to complete their pending orders and some farmers are trying to exacerbate the situation by holding back supply.”
The
