ANALYSIS: Coldwater Shrimp Prices Supported Despite Market Uncertainty
Following an aggressive rollout of vaccines, suppliers of Pandalus Borealis have noticed a gradual uptick in demand.
With eased lockdowns and summer terraces across the European continent opening, market participants have seen offers firm, particularly for smaller sized shrimp going to industrial hand peelers.
While a sense of optimism is noted on market calls, processor margins remain squeezed against the backdrop of inflationary operating costs.
While spot trades for cooked and peeled product going into the UK are also on the up...
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