Thailand – Low Prices and EMS

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Thailand – Low Prices and EMS

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On April 29, 2015, representatives of 3,000 small shrimp farms, hatchery operators, processing plants and related industries, led by Banchong Nisapavanich, chairman of the Thai Shrimp Farmers Federation, and by Somsak Paneetatyasai, president of the Thai Shrimp Association, sent a letter to Thai Prime Minister Prayut Chan-o-cha that called for urgent aid measures to ease their plight caused by the double blow of early mortality syndrome (EMS) and falling shrimp prices.

They have asked the Prime Minister to help stabilize white shrimp prices, ease financial liquidity for exporters, tackle early mortality syndrome and list shrimp on the national agenda, which would mean the industry is worthy of special treatment and care from authorities.

The coalition also called on the government to work out measures to control the appreciation of the Thai baht in order to increase export competitiveness.

Domestic shrimp prices were quoted at 98 baht for 100 head/kilogramm-size shrimp last week, down from 100 baht for the same size during the same period last year. The local shrimp price crested to 200 for 100 head/kg-size at times last year.

Mr Somsak said production may recover to 300,000 tonnes this year, but only if Thailand can tackle the spectre of EMS. “Shrimp and shrimp products are one of the country’s leading export products, with local raw materials accounting for more than 90% of their production. The industry creates a number of jobs and generates about 100 billion baht worth of income a year to the country, so we feel the government should utilise better management and treatment of the industry,” he said.

Source: Shrimpnews and see more at http://www.bangkokpost.com/business/news/546199/shrimpers-get-crabby-about-ems-low-prices

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