BT shrimp: the prices have slightly increased compared with last August, there isn't much BT shrimp at this time and demand is being strong that made the prices increase a bit. Usually, during Sep - Oct the local governments regulate to clean up and upgrade extensive-farming areas by dredging sluggish at bottom of ponds, repairing banks of ponds and also planting new mangrove baby trees. Of course, some farmers still stock baby shrimp during this period of time if they did cleaning their ponds before, however; the weather and condition at this time is not suitable with growth of shrimp. Usually, farmers will stock baby shrimp much from Dec and afterwards.
Vannamei: opposite with BT shrimp, the prices of Vannamei tend to reduce a bit compared with last August. The reasons caused the reduction may be demand from US is reducing due to the tariff matter, Indian shrimp is charged 50% reciprocal tariff then they can't export much shrimp to US as before so probably they are lowering down their shrimp prices to compete in other markets like EU, Korea, Japan, China, Middle East...Towards the end of Sep, Van prices tend to be stable, just significantly increase for the biggest rare sizes as 15 ~ 25 pcs/kg HOSO. The harvesting quantity of these biggest sizes is not much, and demand from US and some other markets are being firm.
We suppose that the shrimp prices can be stable like this till Oct because it seems the global demand and consumption are still cautious. However; if the US still uses the tariffs as the tool to deal with India, China, Southeast Asia, Latin America...then the competition of the shrimp industry will be very hard in the coming time. The EU has just approved another 102 Indian factories, and India is turning from US to EU and other markets, Ecuador is also accelerating exports to EU and Asia so EU and Asia will be "the battle fields" for India, Ecuador, VietNam and Indonesia shrimp industries in the coming time.
Source: SEABINA GROUP