June 22, 2007

Thailand's Buriram to help shrimp farmers facing export woes
 

Local authorities in Thailand's Buriram province have opened a shrimp market there from Jul 3 to Aug 11, 2007, to help ease the burden of shrimp farmers facing export woes.

Buriram's provincial authorities have also called on restaurants to offer more shrimp courses and retail outlets to sell shrimps at discounted prices.

Although Thailand is expected to produce 530,000 tonnes of shrimps in 2007, trade barriers and appreciation of the Thai baht against the US dollar have created export problems for Thai shrimp exports, said Sutthisak Phrombutr of the Buriram Provincial Internal Trade Office.

The current price of pacific white shrimps is only THB95/kg (about US$2.92/kg) and the price is expected to drop further.