Daily Recap: Global Shrimp Prices Diverge; US Scallop Landings Improve

On February 18, shrimp prices varied globally; Ecuador’s rates fell while India’s remained steady. Additionally, US scallop landings reported improvement, reflecting dynamic changes in the seafood market.

Undercurrent News has provided a summary of key seafood developments for February 18. The global shrimp market showcases a divergence in pricing, with Ecuador experiencing a decrease while India maintains stable prices. Notably, American scallop landings have shown improvement during this period. These developments are pivotal for stakeholders in the seafood industry as they indicate fluctuating market conditions and potential procurement strategies.

In conclusion, the recent fluctuations in the global shrimp market, particularly with Ecuador’s price drop and India’s price stability, alongside the positive trend in US scallop landings, highlight significant shifts within the seafood industry. Stakeholders should be attentive to these changes for strategic planning.

Original Source: www.undercurrentnews.com