Members’ Trade Data Analysis: China September 2020 SummaryOctober 27, 2020
As was expected, imports into China are still dropping and have dropped under the all-time low reached in August, according to the latest Chinese customs data. China imported a total of 19,772 tonnes of shrimp, 32% lower than the previous month (29,048 tonnes), and 63% lower than in August 2019 (53,621 tonnes).
China’s imports from Ecuador dropped again in September, to 9,709 tonnes imports from India only reached 3,660 tonnes, 33% lower than August’s Indian imports. While normally China’s imports start to rise from the start of Q4, in the leadup to Chinses New Year, there has yet to be a clear sign of this increase. Though our sources report a slight increase in Chinese demand for Ecuadorian shrimp, it is uncertain whether or not it will be enough to absorb the current Ecuadorian harvest size.
This summary offers you a sneak peek at China’s Trade Data Analysis for September 2020. Members, find the full report in your library, which includes the breakdown of imports by country and price developments.
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