Tuesday, April 26, 2011

THAILAND - Shrimp exports taking on water

The south of the country, plagued by exceptional floods, concentrated 70% of shrimp farming in the kingdom. Many companies have been affected by torrential rains, so that officials estimate that exports could be revised downward to 50,000 tons (about 360,000 pledged) in 2011, reports the Bangkok Post.

Exports would rise and 99 billion baht [2.3 billion], representing a loss of 5 billion [€ 116 million].

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