New Wind Seafood Co., Ltd: More orders for shrimp products
(vasep.com.vn) The first four months of 2014, New Wind Seafood Co., Ltd has signed enough shrimp supply contracts with foreign buyers. The number of contracts is higher than that reported in the previous years. Orders for shrimp products are equal to 90 percent of the company's best sales in the past.
Currently, Japan is the main shrimp importer of New Wind Seafood Co., Ltd, representing 85 – 90 percent in total shrimp sales. Despite high price, shrimp consumption in Japanese market is stronger than that of 2013. Raw shrimp in Vietnam remained the high price in the first quarter of 2014, but price started to fall down in April.
Japan's shrimp inventory is at low level at the moment; therefore, Japanese importers continue purchasing shrimp from other countries.