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Wednesday, July 25, 2012
Thai Shrimp Weekly: Thai shrimp prices flat two months into the government's US$18 million stimulus scheme (week ended Jul 12, 2012)
Since March when sluggish demand from the US and the EU slashed local shrimp prices by about 30%, seafood processors and exporters had been buying shrimp at prices above those prevailing in the market to keep farmers from abandoning their p ...
Thursday, July 12, 2012
Thai Shrimp Weekly: US$18-million state subsidy shores up Thai shrimp prices only slightly (week ended Jul 5, 2012)
The government has launched the multimillion-baht shrimp price "stabilization" programme to help farmers survive the current price slump. Under the programme, the government pays for the difference between the target price and the actual bu ...
Thursday, July 5, 2012
Thai Shrimp Weekly: Thai shrimp prices slip on higher EU import tariff (week ended Jun 28, 2012)
According to the Thai Fisheries Department, 24 members of the Thai Frozen Foods Association could buy shrimp directly from farmers at subsidised prices. Somsak Paneetatyasa, president of the Thai Shrimp Association, warned recently that Tha ...
Tuesday, July 3, 2012
Thai shrimp exports to EU affected by lost privileges
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Monday, July 2, 2012
New EU system affects Thai shrimp export
Somsak Paneetatyasai, president of the Thai Shrimp Associated stated that the country's shrimp export will be affected by the EU generalised system of preferences (GSP). He said the industry's trend is worrisome after prawns were listed amo ...
Thursday, June 28, 2012
Thai shrimp exporters cut buying rates as government launches US$17.8 million subsidy scheme (week ended June 21, 2012)
Thailand's shrimp processors and exporters cut their buying rates by THB10 (US$0.31) to as much as THB42 (US$1.32) a kilogramme this week as overseas demand for Thai shrimp continues to tumble. To save the industry from collapse, the govern ...
Friday, June 22, 2012
Thai Shrimp Weekly: Thailand worries over new controversy against imported shrimp in the US (week ended Jun 14, 2012)
Last year, US shrimp orders for Thai shrimp reached only 184,968 tonnes. On its website, the Thai Frozen Foods Association says Thai shrimp are produced by farms that strictly adhere to stringent international food safety protocols. These f ...
Tuesday, June 19, 2012
Thai Shrimp Weekly: American importers doubt growth in Thai shrimp export to the US (week ended Jun 7, 2012)
Members of the association, of which 70% are shrimp exporters, have voluntarily raised their buying prices to dissuade the government from launching any subsidy scheme for Thailand's shrimp industry. But there is persistent talk in the indu ...
Tuesday, June 5, 2012
Thai Shrimp Weekly: Exporters raise buying prices anew to save Thailand's shrimp industry from collapse (week ended May 31, 2012)
Domestic shrimp prices have fallen by THB20-30 (US$0.64-0.95) a kilogramme since last March due to oversupply following an industry-wide expansion in response to rising overseas demand during the last two years. In the first quarter of this ...
Tuesday, May 29, 2012
Thai Shrimp Weekly: Vietnam buys Thai shrimp for re-export (week ended May 24, 2012)
Disease and temperature changes have hit Vietnam's shrimp farms during the last few months, putting the country's US$2.5 billion export turnover target in peril. Reports said a disease outbreak destroyed around 100 hectares of shrimp farms ...
Tuesday, May 22, 2012
Thai Shrimp Weekly: Price bump worsens Thai shrimp oversupply (week ended May 17, 2012)
Domestic shrimp prices have fallen by THB20-30 (US$0.64-.95) a kilogramme since last March due to oversupply following an industry-wide expansion in response to rising overseas demand during the last two years. In the first quarter of this ...
Saturday, May 19, 2012
Thai Shrimp Weekly: Thai shrimp processors call for direct government subsidy (week ended May 10, 2012)
Domestic shrimp prices have slumped since March following a huge surge in production. Harvests during the first quarter this year reached 138,000 tonnes, 15% more than during the same period last year. Suffering huge losses, shrimp farmers ...
Wednesday, May 9, 2012
Thai Shrimp Weekly: Thai shrimp prices up on government pressure (week ended May 3, 2012)
Domestic shrimp prices had fallen dramatically since March following a huge surge in local shrimp production. Harvests during the first quarter this year, industry sources say, reached 138,000 tonnes, 15% more than during the same period la ...
Friday, April 27, 2012
Thai Shrimp Weekly: Thai shrimp prices crash anew as output soars 15% (week ended Apr 26, 2012)
This week's price crash was the second in just over a month's time. Five weeks ago, wholesale prices plunged by THB16 (US$0.52) to THB24 (US$0.78) a kilogramme following a huge surge in local shrimp production. Thailand's shrimp harvest dur ...
Friday, April 20, 2012
Thai Shrimp Weekly: Thai shrimp exporters face deepening wage and labour problems (week ended Apr 19, 2012)
Until last month when shrimp prices fell by 10-15%, members of the Thai Frozen Foods Association were complaining their exports were losing out to products from Indonesia, Vietnam and India, where raw materials are cheaper. Only after produ ...
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