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Beaufort's shrimping industry on the brink. Local boats sit...

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swifttax

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24/11/23

18:13

Post #: 71096356
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Originally posted by swifttax: ↑

Ecuador's shrimp industry sounding alarm over USD 1
billion hit from lower prices, higher costs
By Christian Molinari
June 30, 2023
SHARE f in &
Ecuador's National Chamber of Aquaculture (CNA) has expressed concern over surging operating costs and falling international prices in the country's shrimp sector that have "reached alarming levels."
Given the situation, the sector has seen a USD 0.98 (EUR 0.90) decrease in liquidity for each pound of shrimp produced, equivalent to a year-to-date economic impact exceeding USD 1 billion (EUR 917 million), the chamber stated in a release.
The export price for shrimp has decreased USD 0.70

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Beaufort's shrimping industry on the brink. Local boats sit while imported ..
21 Sept 2023 - The problem, says the Southern Shrimp Alliance (SSA), is a glut of farm-raised shrimp is flooding the U.S. market, sending prices plummeting.

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Last 0.3¢		Change -0.001(14.3%)		Mkt cap ! $14.51M

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Price($)	Vol.	No.
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Price($)	Vol.	No.
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