Sunday, August 18, 2013

Shrimp shortage leads to record high prices

Advantage India..
Shrimp prices are skyrocketing to all-time highs, amid a disease that’s plaguing the three largest prawn producers: Thailand, China and Vietnam. White shrimp prices are nearing $6 a pound, up 56% from a year ago, according to an Urner Barry index.
The world is facing an “acute shrimp shortage,” the worst of its kind since
Industrial shrimp farming emerged

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