date:May 11, 2012
as a result of increased supply in many producing countries. In 2009, he noted. the government allocated 1.4 billion baht for shrimp pledging, but was faced with huge losses as it could not release produce to the market because most of the stock rotted while in storage. Now, he added, the association, acting on behalf of 21 groups of companies in the shrimp industry, is urging talks with shrimp farmers' clubs and cooperatives with a view to solving the problem of slumping prices by other means.