Shrimp & fisheries stocks: Out of troubled waters? It’s both No and Yes. 4 stocks to keep an eye on, but for the right reason
The European Union has green-lighted exports from 102 additional Indian marine establishments. Result: All stocks related to aquaculture and fisheries have seen a bump up. Now, this is not the first time that these stocks have moved up in unison. In the past two years, there have been a couple of times when this has happened. But the rallies have failed to sustain because the headwinds just kept coming. The latest headwind is the US tariff, with the aquaculture sector being the hardest hit. So, the EU decision is surely a welcome one. But does it mean that all the sector’s troubles are over? Probably not. Interestingly, though, this development probably signals something else.
The European Union has green-lighted exports from 102 additional Indian marine establishments. Result: All stocks related to aquaculture and fisheries have seen a bump up. Now, this is not the first time that these stocks have moved up in unison. In the past two years, there have been a couple of times when this has happened. But the rallies have failed to sustain because the headwinds just kept coming. The latest headwind is the US tariff, with the aquaculture sector being the hardest hit. So, the EU decision is surely a welcome one. But does it mean that all the sector’s troubles are over? Probably not. Interestingly, though, this development probably signals something else.
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