Global shrimp prices are seeing divergent trends as prices in Ecuador drop while those in India remain steady. Additionally, there has been a positive development in U.S. scallop landings, suggesting improvements in local seafood supplies.

On February 18, a recap highlighted the fluctuations in global shrimp prices, noting a decrease in Ecuador while prices in India remained stable. Notably, shrimp processing activity around Guayaquil, Ecuador, indicates that excess supply could be influencing local prices. Meanwhile, data showed improvements in scallop landings in the U.S., reflecting potentially positive trends for local seafood supply and market dynamics.

Ecuador’s shrimp prices are experiencing a downturn, contrasting with India’s stable prices, which suggests regional market disparities. Enhanced scallop landings in the U.S. could contribute positively to supply metrics in the seafood sector, indicating varying trends in different geographic markets. Overall, the seafood industry reflects significant shifts that stakeholders must monitor closely.

Original Source: www.undercurrentnews.com