White Shrimp Facing Different Fates in China’s Regions
This early April has seen obvious price contraction of white shrimp in China’s Guangdong province. As available statistics show, local reduction ranges between 4 to 6 yuan/jin (1 jin=0.5 kilo) compared with the previous week, while prices of some shrimps have even plummeted by as much as 7 yuan/jin.
Apart from overall price decline, prices also differ to noticeable extents there, depending on qualities. In Zhanjiang, for example, the differences of same-sized shrimp are about 3 to 5 yuan/jin. Currently, most local shrimp weigh between...
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