Shrimp

Indian farmers hold back product on expectations of price hike

Prices of Indian shrimp raw material have been low all year, due in large part to US buyers failing to shift post-pandemic inventory as quickly as had been hoped.

Unusually heavy rains in some farming areas delayed seeding after a three month crop holiday in coastal areas during the summer, but autumn crop is now underway in most areas.
Unusually heavy rains in some farming areas delayed seeding after a three month crop holiday in coastal areas during the summer, but autumn crop is now underway in most areas.Photo: Shutterstock
Published 4 September 2023, 07:38Updated 4 September 2023, 07:38
Farmed shrimpIndiaChoice Canning