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Hurricane Ida may be a boon for Asian shrimp producers

Hurricane Ida has wiped out over 30% of the shrimp fleet in Louisiana where the shrimp industry is worth US$1.3bn
Potential shortage of supply may increase US imports of Asian shrimp as it did during the Gulf of Mexico spill in 2010
The development is positive for Asian seafood stocks; we urge investors to consider names like CPF and Thai Union

Nirgunan Tiruchelvam

Head of Consumers Equity Research @ Tellimer Research

1 September 2021

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Tellimer Research

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