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In September, Ecuador exported 21,600 tons of white shrimp to China! The price has soared by more than $1!
Raw material prices have risen, the impact of Covid-19 has weakened, food demand has risen, and market information has been sufficient, and the price of white shrimp has been rising.
|
2019 -2020 Ecuador's export data to China in 2020 |
||||
|
Date |
Weight (Tons) |
Weight (Lb) |
Weight (kg) |
Price（USD） |
|
2019.01 |
15393.62 |
33937126 |
15393621.41 |
88077968.42 |
|
2019.02 |
17140.92 |
37789276.00 |
17140927.26 |
101316625.30 |
|
2019.03 |
22120.24 |
48766800.00 |
22120248.38 |
126910876.10 |
|
2019.04 |
23733.84 |
52324172.00 |
23733845.18 |
132791076.30 |
|
2019.05 |
27536.59 |
60707798.00 |
27536593.97 |
152291329.60 |
|
2019.06 |
33587.25 |
74047217.00 |
33587252.65 |
187704879.80 |
|
2019.07 |
35580.95 |
78442571.00 |
35580951.68 |
201534273.00 |
|
2019.08 |
35002.11 |
77166463.00 |
35002118.83 |
198665013.80 |
|
2019.09 |
30401.96 |
67024856.00 |
30401963.28 |
1695629 22.8 |
|
2019.10 |
34445.92 |
75940266.00 |
34445925.23 |
198617941.00 |
|
2019.11 |
45796.27 |
100963501.00 |
45796273.71 |
271408783.10 |
|
2019.12 |
27306.35 |
60200198.00 |
27306350.48 |
157391684.60 |
|
2020.01 |
29900.16 |
65918585.00 |
29900167.19 |
169489121.70 |
|
2020.02 |
32879.45 |
72486801.00 |
32879459.85 |
182118235.80 |
|
2020.03 |
29789.58 |
65674795.00 |
29789585.91 |
160411010.40 |
|
2020.04 |
47334.70 |
104355171.00 |
47334709.33 |
255969559.10 |
|
2020.05 |
52737.32 |
116265904.00 |
52737326.90 |
281031220.00 |
|
2020.06 |
27534.50 |
60703234.00 |
27534523.70 |
140560916.70 |
|
2020.07 |
8691.61 |
19161736.00 |
8691617.24 |
42909142.14 |
|
2020.08 |
12991.71 |
28641838.00 |
12991719.17 |
62584112.49 |
|
2020.09 |
21600.60 |
47621175.00 |
21600601.63 |
105607835.70 |
The data above shows that after the cliff-like decline in exports of Ecuadorian white shrimp to China in July, exports in August and September are gradually recovering. However, there is still a gap of about 10,000 tons between imports in September and June, which is the highest in May. Compared with the peak period, it only reaches about one-third.
The latest offer from Ecuador:
Large factory (water freezing 1.4KG): 30/40 specifications 6.31$, 40/50 specifications 6.01$, 50/60 specifications: 5.51$, 60/70 specifications 5.11$.
Small factory (water freeze 1.4KG): 30/40 specifications $5.85, 40/50 specifications $5.50, 50/60 specifications $5.10, 60/70 specifications $4.80.
In the past half month, the price of white shrimp has risen sharply regardless of whether it is domestic or foreign. Judging from the latest quotation in Ecuador, taking the 40/50 specification as an example, the price has risen by more than 1 US dollar compared with a month ago. The overall price increase situation is firm.
Let's analyze the reasons:
- There is a shortage of raw materials, Christmas and Spring Festival stocks are coming, and the quotations of Ecuadorian exporters continue to rise.
- From the perspective of the Covid-19 situation and food demand, consumers have basically understood that aquatic products do not have the ability to spread the epidemic. As the impact of the Covid-19 weakens, the prospects for consumption of white shrimp are also very broad.