CEO Le Van Quang of Minh Phu Seafood Company says there’s been a surge in demand by US shrimp importers since the oil spill disaster cratered Gulf of Mexico production. Prices offered for black tiger shrimp have reached $13 per kilo, an increase of 30 percent over 2009 levels and the highest price seen in ten years.
As world prices peak, Vietnam runs out of shrimp to sell
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