US hike in anti-dumping to hit Indian shrimp exports: ICRA
The Dollar Business Bureau The US’s decision to increase anti-dumping duty on shrimp imports could hit Indian exporters hard, rating agency ICRA said in a recent report. “Any hike in anti-dumping duty (ADD) for shrimp exports from India, by the US, should lead to higher prices for Indian shrimp imports to US, making Indian shrimp un-competitive,” it said. The US Department of Commerce (US DoC) has hiked the weighted average anti-dumping duty on shrimp imports from India to 4.98% from its earlier 2.96%. The US has of late emerged as the largest consumer of shrimps exported from India, especially after a disease (Early Mortality Syndrome) hit Thailand's total shrimp production, thereby affecting that country’s shrimp exports to the US. The US alone accounts for almost 39% ...
"Paradip Port will enable Odisha exporters get matching prices"
Odisha, one of the major seafood exporting states in the country, is yet to achieve its full potential as the exporters from the region continue to depend on ports in neighbouring states for export. Gora Chand Mohanty, Regional President, Seafood Exporters Association of India & CEO, Seagold Overseas in an exclusive interview with The Dollar Business, speaks on various issues related to seafood farming and the role of Paradip Port to promote trade in the region Interview by Sisir Pradhan | The Dollar Business TDB: Odisha has some of the major shrimp and seafood exporters in the country. But the exporters from the region have been depending on Visakhapatnam Port for export as Paradip Port doesn’t provide reefer container shipment ...
