India continues its rapid volume growth of 34% in the US, despite overall volume declining by 10%
– Strikingly in contrast, all other major countries have shown a decline in volume, with Ecuador and Vietnam falling by 20% and 40% respectively in August
– Market share of Indian shrimp import has increased to 31% in the month of August 2014, from 21% last year
– Year to date market share has also improved from 17% last year to 23% this year
– However there has been a major decline in prices of shrimp in the US..to $8.75 from $10.83/kg last year
Source : http://www.undercurrentnews.com/2015/10/06/us-september-shrimp-import-value-volume-dive/
Disclosure : Invested from sub 500 levels
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