On February 18, shrimp prices saw a decline in Ecuador but remained stable in India. Additionally, US scallop landings showed improvement, signaling favorable changes in the seafood market.
On February 18, 2023, notable developments in global seafood markets were reported. Shrimp prices exhibited a divergence; while prices from Ecuador have decreased, those from India have remained stable. This variation reflects differing market dynamics and pressures in these regions.
Additionally, the United States experienced an improvement in scallop landings, indicating a favorable trend for domestic seafood supply. These changes suggest shifts in availability and pricing which could impact both suppliers and consumers in the seafood industry.
In summary, the seafood market is witnessing varied pricing trends, particularly in shrimp, where Ecuadorian prices are declining while Indian prices maintain their levels. Meanwhile, the boost in US scallop landings presents positive developments for local supply chains. Staying informed on these shifts is crucial for stakeholders in the seafood sector.
Original Source: www.undercurrentnews.com