Global Shrimp Prices Diverge as Ecuador Declines and US Scallop Landings Improve

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

About Nia Kumari

Nia Kumari is an accomplished lifestyle and culture journalist with a flair for storytelling. Growing up in a multicultural environment, she uses her diverse background to bring fresh perspectives to her work. With experience at leading lifestyle magazines, Nia's articles resonate with readers and celebrate the richness of cultural diversity in contemporary society.

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