Decline in India’s shrimp exports makes them cheaper by 30% in domestic market

UPSC Practice recommends Decline in India’s shrimp exports makes them cheaper by 30% in domestic market.

"China was a very large market for the small sized shrimps weighing 10 grams to 17 grams. Now, as the exports to China are facing problems, the demand for these sizes is soft. The farm gate prices of shrimp have declined by about 14% since March," said Ramakanth Akula, CEO, The Waterbase Limited.

Courtesy: News-Economic Times

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