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    Home > Food News > Food Articles > Ecuadorian shrimp prices remain stable, China and the United States embark on a battle for merchandise

    Ecuadorian shrimp prices remain stable, China and the United States embark on a battle for merchandise

    • Last Update: 2021-07-31
    • Source: Internet
    • Author: User
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    After several weeks of continuous increases, the raw material prices of vannamei shrimp in Ecuador have stabilized
    .
     
    In the 25th week of 2021 (June 21-20), the price of 20/30 HOSO (per kilogram) will drop to $6.
    40/kg, the price of 30/40 will rise to $6.
    10/kg, and the price of 40/50 will rise to $6.
    10/kg.
    $5.
    30/kg, 50/60 pieces to $4.
    95/kg, 60/70 pieces to $4.
    20/kg, 70/80 pieces to $3.
    80/kg, 80/100 pieces to $3.
    20/kg, 100/120 pieces to $2.
    70/kg
    .
     
    The 20/30 size fell by $0.
    10/kg, and the 30/40, 50/60 and 70/80 are still rising
    .
    Under such circumstances, Ecuador has further strengthened its two major markets, the United States and Europe, and reduced its dependence on the Chinese market
    .

     
      A local manufacturer commented: “We recognize the importance of the Chinese market, but our dependence on it is declining
    .
    Before the epidemic, China once accounted for 65% of exports
    .
    We need to form a new business model with China to overcome trade Obstacles, stabilize the market, and avoid excessive price fluctuations
    .
    "
     
      According to the Ecuadorian Aquaculture Chamber of Commerce (CNA), in the first quarter of this year, Ecuador exported 57,200 tons of frozen white shrimp to China, a decrease of 38% year-on-year
    .
    Trade volume increased in April, but contracted again in May
    .

     
      "China and the United States are launching price competition for the same type of products, and the United States continues to consolidate its position as Ecuador's trading partner
    .
    " Another producer said
    .
    "Since the beginning of the year, U.
    S.
    imports of white shrimp have never been interrupted, and Ecuador seems unable to meet all U.
    S.
    needs
    .
    "
     
      From January to May this year, Ecuador has exported 75,497 tons of shrimp products to the United States, a year-on-year increase of 111%; exports to the EU 72,711 tons, a year-on-year increase of 48%
    .

    price
     
      In the 25th week of 2021 (June 21-20), the price of 20/30 HOSO (per kilogram) will drop to $6.
    40/kg, the price of 30/40 will rise to $6.
    10/kg, and the price of 40/50 will rise to $6.
    10/kg.
    $5.
    30/kg, 50/60 pieces to $4.
    95/kg, 60/70 pieces to $4.
    20/kg, 70/80 pieces to $3.
    80/kg, 80/100 pieces to $3.
    20/kg, 100/120 pieces to $2.
    70/kg
    .
     
      The 20/30 size fell by $0.
    10/kg, and the 30/40, 50/60 and 70/80 are still rising
    .
    Under such circumstances, Ecuador has further strengthened its two major markets, the United States and Europe, and reduced its dependence on the Chinese market
    .

     
      A local manufacturer commented: “We recognize the importance of the Chinese market, but our dependence on it is declining
    .
    Before the epidemic, China once accounted for 65% of exports
    .
    We need to form a new business model with China to overcome trade Obstacles, stabilize the market, and avoid excessive price fluctuations
    .
    "
     
      According to the Ecuadorian Aquaculture Chamber of Commerce (CNA), in the first quarter of this year, Ecuador exported 57,200 tons of frozen white shrimp to China, a decrease of 38% year-on-year
    .
    Trade volume increased in April, but contracted again in May
    .

     
      "China and the United States are launching price competition for the same type of products, and the United States continues to consolidate its position as Ecuador's trading partner
    .
    " Another producer said
    .
    "Since the beginning of the year, U.
    S.
    imports of white shrimp have never been interrupted, and Ecuador seems unable to meet all U.
    S.
    needs
    .
    "
     
      From January to May this year, Ecuador has exported 75,497 tons of shrimp products to the United States, a year-on-year increase of 111%; exports to the EU 72,711 tons, a year-on-year increase of 48%
    .
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