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Re: moxa1 post# 58635

Friday, 05/24/2019 7:41:39 AM

Friday, May 24, 2019 7:41:39 AM

Post# of 113111
If SHMP can charge whatever they want for their shrimp they will be highly profitable. Can they dictate the price by having a better product, or will market prices always prevail?

This is part of the reason I was disappointed in the decision not to sell lot 180. Would have been nice to see what prices they could get in the SA market. If they fetched a nice premium to the area’s market price, that would be proof that buyers do differentiate their product vs wild caught and other inland farming processes.

Without any sales data however, for now I have to assume that they will simply be getting market price in whatever locations they operate.
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