date:Aug 03, 2012
a pound of 16-20 count black tiger shrimp is now at $3.80, off45% from $7 last year. European countries are offering $3.90 to$4.20 for a pound, and some exporters are able to sell some atthat price. But they cant sell any at $3.80 a pound in the USmarket.
Consumers in the US and the EU now prefer cheap vannamei shrimp.Exporters fear their exports would drop further if the economicslowdown in the US and the financial crisis in the EU persist.They said they cannot sell the items at lower prices a