Wednesday, March 30, 2011

Thai Union may up shrimp prices due to ongoing floods

Thai Union Frozen Products Plc (TUF) is “closely monitoring” the flooding in Thailand’s southern provinces the country's principal shrimp farming regions, said TUF President Thiraphong Chansiri. Shrimp prices are expected to keep climbing due to a dearth of supply from the provinces.

President of the Thai Shrimp Association Somsak Paneetatyasai believes the floods could hamper production and drive prices up by five percent. TUF gets 60 percent of its shrimp supplies from farms in the southern provinces. Read more ...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers
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