In the 29th week, global white shrimp prices in South America generally increased, with Ecuadorian 20/30 specification shrimp rising to $5.0/kg

Key Insight: In the 29th week (July 14-20), global farmed white shrimp pond prices generally rose, with significant price increases in all major producing countries except Indonesia. According to market feedback, the postponement of U.S. equivalent tariff implementation to August 1st has somewhat eased the sentiment of sudden demand decline, while the gradual reduction in production from Ecuador and China has driven price increases.

Ecuador Shrimp Farm Pond Prices Surge Significantly In Week 28, Ecuadorian shrimp farm pond prices showed an accelerating upward trend, with 20/30 specification shrimp in Guayas Province rising to $5.0/kg, the largest increase; medium specifications rose by $0.20/kg, while small 70/80 and lower specifications remained stable. According to local manufacturers, many farms recently experienced white spot disease outbreaks, with red tide issues discovered in some areas, leading to a scarcity of large-sized white shrimp. 30/40 specification prices rose to $4/kg, reaching a four-month high. Regarding U.S. tariffs, Ecuadorian white shrimp have a significant advantage compared to Asian countries, with industry views generally believing that regardless of agreements between Asian countries and the U.S., Ecuador's tariff rate will remain lower at 10%. Increasingly, more U.S. importers are noticing this and shifting their procurement intentions toward Ecuador. India's Production Season Nears ...