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Market Reports

July 27, 2011
 
Thai Shrimp Weekly: Processed and canned seafood exports in June 2011 up 19.2% (week ended Jul 27)

An eFeedLink Exclusive
 

Price summary
 
Shrimp export volumes remained high this week, with over 200 containers daily for frozen shrimp, and prices dropped for almost every size of shrimp at Mahachai market.
 
Local retail shrimp prices for all sizes, as well as for other fish, remain unchanged.
 
Thai processed and canned seafood exports in June 2011 reached US$448.6 million, growing 19.2% compared to the same period last year, and increasing 11.5% from May 2011.
 
 
Market analysis
 
Thai processed and canned seafood exports from January to June 2011 were valued at US$2.26 billion, increasing 20.5% compared to the first half of 2010.
 
The main import recipients in June 2011 were the US at 34.4% of the imports, Japan at 15.6%, UK at 5.5%, Australia at 5.2%, and Canada at 4.5%. Processed and canned seafood exports for the whole of 2010 were valued at US$4.12 billion.
 
White shrimp prices (in Thai baht) at Thailand's main markets

Unit of Measure: Thai Bhat

Shrimp size

Mahachai seafood market

Thai frozen foods association
benchmark price

Bangkok markets

July 20

July 27

July 20

July 27

July 20

July 27

40 pcs/kg

170

165

180.00

180.00

220-230

220-230

50 pcs/kg

155

150

151.70

151.70

190-200

190-200

60 pcs/kg

140

135

136.30

136.30

180-190

180-190

70 pcs/kg

135

130

131.30

131.30

170-180

170-180

80 pcs/kg

125

120

124.30

124.30

160-170

160-170

90 pcs/kg

115

110

112.90

112.90

150-160

150-160

100 pcs/kg

105

105

104.00

104.00

140-150

140-150

Note: Farm-gate prices are THB10-15 lower than those at Mahachai market.
US$1=THB 29.72 (July 27, 2011)

 


 
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