Shrimp price study, phase II: Case studies in Vietnam, Indonesia and Bangladesh
31 March 2010 | 1891 Downloads | .pdf | 1.82 MB | Shrimp, Bangladesh, Indonesia, Vietnam, Markets and trade
This report is the outcome of a study conducted by NACA to assess the shrimp price trends in Vietnam, Indonesia and Bangladesh from January 2008 to June 2009, updating the previous study Evaluation of the impact of the Indian Ocean Tsunami and US Anti-Dumping Duties on the Shrimp Farming Sector of South and South-East Asia, 2006. The previous study highlighted the need for continuous collection of price data, not only from processors of exported commodities, but also from traders and farmers. A broader collection of price data aims to facilitate a more thorough evaluation of the state of the industry and provide the opportunity for interventions to increase the sustainability of the sector.
This study shows various fluctuations in shrimp prices. Shrimp price trends in Vietnam for most of the sample period showed upward trends for farmers and downward trends for procurement prices for both traders and processors. On the other hand, both the procurement price and resale price of all concerned stakeholders in Bangladesh demonstrated upward trends - particularly during the first half of 2009. Indonesian black tiger shrimp price was considerably stable during the study period, with only minor changes.
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