The current low-price situation in the global shrimp industry is “here to stay,” with supply growth showing no real signs of slowing down, according to Gorjan Nikolik, associate director of animal protein and seafood at Rabobank.
In a new report entitled "Keeping up With the Crustaceans," Nikolik noted “the expected shrimp price crash has arrived” and while there may be a small near-term price correction, in the absence of an unforeseen disease outbreak, the low-price situation is here to stay.
