ANALYSIS: Shrimp Replacement Cost From Indonesia Lower Than India
SEAFOODNEWS.COM [SeafoodNews] by Angel Rubio – May 21, 2018
As a continuation of last week’s discussion, this week we look at replacement cost trends relative to prices in the wholesale market and U.S. spot wholesale, particularly for size 16-20.
In many cases the replacement costs can serve as a future indicator of the U.S. market, however, we know that these two markets can also be disconnected. For example, there are times when replacement costs overseas rise while the U.S. wholesale market trends lower. In this example, in theory, the U.S. importer would take a more cautious buying position ...
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