China's shrimp production decline in the first half of the year, and the aquaculture benefits continue to be good

In the first half of this year, most of the domestic regions continued to suffer from cold air, especially in the second quarter, where the pattern of continuous precipitation continued to have a negative impact on aquaculture. In South China, white shrimp cultured in South America suffers from severe weather conditions and shrimp disease frequently occurs. In the first half of the year, shrimp mortality rate and discharge rate in some parts of China even reached 70% to 80%, which caused a significant decline in shrimp production year-on-year. At the same time, as the world economy improves, the performance of China's shrimp export market is also tending to pick up. Therefore, the efficiency of domestic shrimp aquaculture has been maintained at a relatively high level since the beginning of this year, making the current enthusiasm of breeding farmers still rising. The specific JCI analysis is as follows:

First, the harsh weather conditions in the first half of the year caused a decline in the production of shrimp in China. In the second quarter of this year, most of our country continued to be enveloped in a cold, rainy climate, making it impossible for aquaculture to be “happy”. Shrimp farming in the south is also frequently encountered by “Waterloo”. . According to JCI's understanding, shrimp disease in the southern part of the country was more serious in the first half of this year, and the success rate of shrimp culture was also significantly lower. According to relevant statistics, in the Zhanjiang area, the output of white shrimp in South America was 27,600 tons in the first half of this year, which was a year-on-year decrease. 27.6% (Related statistics show that shrimp production in Zhanjiang accounts for about 20% of national production). The pattern of decline in shrimp production in the first half of the year compared to the same period last year has corresponding support for the recent shrimp price.

Second, the global economic situation is improving, China's shrimp exports are expected to increase As the global economic crisis has eased this year, South American white shrimp consumption increased, market demand has gradually increased. According to the information of JCI, taking Zhanjiang as an example, the shrimp products exported from Zhanjiang to Australia in the first half of this year increased by more than 20 times year-on-year. On the other hand, since June of this year, the import of shrimp products from the US began to increase, while China is According to JCI, one of the major source countries, the number of shrimp imported from China in the first half of this year increased by more than 7% year-on-year. If the global economy continues to recover in the second half of the year and international shrimp consumption continues to increase, it is expected to further boost China's shrimp export market.

Third, the breeding efficiency continues to be good, the domestic prawn farming enthusiasm is still higher due to the first half of this year, China's shrimp production decreased significantly year-on-year, coupled with the global shrimp consumption has been warmer, the domestic price of shrimp in the recent period continued strong operation. According to JCI's understanding, the price of 40 pounds of South American white prawns in Zhuhai, Guangdong is about 14 yuan/kg, which is 2 yuan/kg higher than the previous period. Although the cost of shrimp farming this year showed a year-on-year growth pattern, the preference pattern of shrimp prices has created a large profit margin for shrimp farmers and supported the enthusiasm of domestic shrimp farmers. This year, the aquaculture area of ​​winter shed shrimp in the Pearl River Delta region is expected to increase significantly from last year. .

In general, due to the limited supply of white shrimp in the country, it is expected that the short-term price of shrimp will continue to be strong. Recently, many areas in southern China have completed the late shrimp seedlings, and the seedlings are mostly second generation seedlings and ordinary seedlings. According to JCI's understanding, the price of second-generation seedlings is stable at 70-90 yuan/million; the price of ordinary seedlings is at 40 yuan/ten thousand. The impact of late weather conditions on late-stage shrimp farming is worthy of industry attention. In addition, in the first half of the year, China's shrimp production declined and prices were high. Some domestic traders have the phenomenon of importing low-cost Thai shrimp, which deserves attention in the industry.