Price on October 9, 2024
The price of white shrimp nationwide fell: The day after the National Day, the price of white shrimp nationwide fell across the board, especially in Shandong and Guangdong, with the highest drop of 2.5 yuan/500g.
Specific price of specifications:
30-head shrimp has fallen below 20 yuan/500g.
The price of 20-head shrimp is between 18-28 yuan/500g.
Price on October 18, 2024
Changes in the price of white shrimp nationwide:
Jiangmen, Guangdong: No quotation for 20-head shrimp, 18 yuan/500g for 30-head shrimp, and 14 yuan/500g for 40-head shrimp.
Guangzhou, Guangdong: 22 yuan/500g for 30-head shrimp, 18 yuan/500g for 40-head shrimp, and 16 yuan/500g for 50-head shrimp.
Zhongshan, Guangdong: 30 shrimps are 18-19 yuan/500g, 40 shrimps are 15-16 yuan/500g, and 50 shrimps are not quoted.
Zhuhai, Guangdong: 30 shrimps are 18 yuan/500g, 40 shrimps are 14-15 yuan/500g, and 50 shrimps are not quoted.
Hepu, Guangxi: 30 shrimps are 20 yuan/500g, 40 shrimps are 16 yuan/500g, and 50 shrimps are 15 yuan/500g.
Jiangsu: 25 shrimps are 20-22 yuan/500g, 30 shrimps are 17-18 yuan/500g, and 35 shrimps are not quoted.
Fujian: 30 shrimps are 16-17 yuan/500g, 40 shrimps are 14-15 yuan/500g, and 50 shrimps are not quoted.
Shanghai: 30 shrimps are 19 yuan/500g, and 40 shrimps are not quoted.
Shandong: 20 shrimps 28 yuan/500g, 30 shrimps 16-18 yuan/500g, 40 shrimps no quotation.
Zhejiang: 30 shrimps 21 yuan/500g, 40 shrimps 19 yuan/500g, 50 shrimps no quotation.
Market analysis
Impact of reduced consumption power: After the National Day, the price of white shrimp in the country fell, especially in Shandong and Guangdong, mainly due to reduced consumption power.
Adjustment of breeding plan: Due to the low shrimp prices, some farmers plan to postpone the shrimp breeding time to around New Year's Day, and some have even started to build winter sheds to prepare for seedlings.
Import data:
In the first eight months of 2024, China imported 610,249 tons of frozen warm water shrimp, a year-on-year decrease of 10%.
The main importing country is Ecuador, accounting for 70% of the total imports, but a year-on-year decrease of 7%.
Indian shrimp ranked second, with an import volume of 94,781 tons, a year-on-year increase of 9%, and a year-on-year price decrease of 9%.
Risk warning
The price quotation is for reference only, and the actual price may vary due to market changes.
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