Sorry for loss communication for a while due to I was away for business trip.
I’ve spoke to many people in both sale section and farmer, the hottest topic is will shrimp price stay sky high all year this year?
This month price will drop down for sure because Thailand has long national holiday which cause factory and peeling supplier stop operation (take holiday) also this month US government will visit shrimp operation to audit and make some investigation for labor issue. All peeling supplier (mostly in Mahachai area) will stop their operation in order to avoid labor issue with US government. As Mahachai area is well known for Burmese labor hiring. Demand is decreasing while supply is increasing. Farmer cannot wait as they want to make harvest before long holiday because leaving shrimp in the pond too long is very dangerous. Nobody knows what’s going to happen, better to make early harvest. According to these reasons, price will fall down 2 or 3 weeks or let say from next week till end of August.
After August, situation still very difficult to predict. Farmer from East of Thailand already start harvest which mean there will be no or very less supply from this area in next 1 or 2 months. But there’s good sign that Vietnam and China have better productivity, this can move some demand out from Thailand.
Southern of Thailand is still doing well. Only problem for this year is uniformity. Climate changing is one big problem for shrimp cultivation. As random check from the pond, uniformity is only one main problem. Nothing to worry about disease.
Still hope that price will drop down this year but very shortly period of time, 2 or 3 weeks for this month and hopefully in end September –mid November.
