August 15, 2011

Vietnam's raw shrimp price surges

Vietnamese raw shrimp price soars this week amid demand and insufficient supply.

Twenty prawns type per kilogramme is priced at VND245,000/kg (US$11.78). Thirty prawn type per kilogramme is priced at VND190,000/kg (US$9.13). Forty prawns type per kilogramme is priced at VND160,000/kg (US$7.69). For white-legged prawns, its price is at VND87,000/kg (US$4.18) for 100 prawns per kilogramme, increasing by VND2,000/kg (US$0.096) compared to previous week.

Average raw shrimp price increases over VND60,000-70,000 (US$2.88-3.36) per kilogramme.