China’s Shrimp Prices Fluctuate; Farmers Advised to Adapt to New Market Conditions
Not so long ago some shrimp farmers in China said they regained confidence from the market rebound and were stocking shrimp for further price increase. However, thing failed to play out as planned. All of a sudden most prices started to contract, while some even plummeted. Farmers are increasingly anxious, and traders feel hesitant in buying.
As available statistics show, in the second week of this month, some shrimp prices dropped by as much as 6 yuan/jin (1 jin=0.5 kilo) in the Pearl River Delta...
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