Better prospects for Thai shrimp in 2015
Friday, December 19, 2014, 23:50 (GMT + 9)
The Thai Shrimp Association forecasts total domestic production of shrimp expanding to 250,000-300,000 tonnes next year after this year's output fell by 8 per cent to only 230,000 tonnes due to the outbreak of early mortality syndrome (EMS).
It projects exports moving up by 20 per cent to 180,000-200,000 tonnes worth around THB 75 billion (USD 2.27 billion) to THB 80 billion (USD 2.42 billion) in 2015, Thai Shrimp Association president Somsak Paneetatyasai said.
"The situation will improve in 2015, as shrimp farmers adopt several strategies to cope with the disease," the association’s leader expressed.
According to data shown by the association, the value of Thai shrimp exports fell 8.1 percent to THB 51.72 billion (USD 1.57 billion) during January to October, when volume declined 26.34 percent to 129,432 tonnes.
The association’s President estima... FULL STORY