• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Councilor Hernán Ulloa asks to suspend printing of ballots for the elections
Diana Atamaint, Enrique Pita, José Cabrera and Luis Verdesoto were dismissed by an ECA judge
Office of the UN Human Rights Committee advocates the presidential candidacy of Álvaro Noboa
Álvaro Noboa’s team files a complaint with the Comptroller’s Office and the IGM
Álvaro Noboa cannot be selected as a candidate in the primaries
Without Álvaro Noboa, ballots are printed for the elections – Today’s informative forecasts
Ecuadorian Journalist Day, a date to remember the victims of violence and covid-19
Guayas Medical Association asks that flights from Europe be suspended
Faced with an increase in COVID-19 cases, Guayaquil will install tents to care for patients who arrive from other locations
Ecuador will encourage the sale of agricultural products in virtual stores

A penny in the pocket is like having nothing

Posted On 26 Mar 2016

 

Image: Expreso

Image: Expreso

A penny in the bank is like having nothing. A penny on the shopping list is like not paying anything. The copper coin to which the ordinary citizen does not pay any attention becomes a fortune when talking about shrimp in Asia.

The competition in the Asian market -an area of immense aquaculture production- is so tight that one more penny becomes a concern for the industry.

Asia produced in 2014 a little more than 3 million tons of shrimp: around 6,600 million pounds. Faced with 609,000 tons of supply of Latin America, of which nearly the half leaves the Ecuadorian pools.

And precisely this penny is the one that makes more expensive a pound of produced shrimp, after the government withdrew the subsidy on electricity for industries.

About the Author
  • google-share
Previous Story

Donald Trump tweets like Rafael Correa, according to US website

Next Story

Correa announces war on Twitter

SEARCH

LATEST NEWS

Councilor Hernán Ulloa asks to suspend printing of ballots for the elections

Posted On 07 Jan 2021

Diana Atamaint, Enrique Pita, José Cabrera and Luis Verdesoto were dismissed by an ECA judge

Posted On 07 Jan 2021

Office of the UN Human Rights Committee advocates the presidential candidacy of Álvaro Noboa

Posted On 07 Jan 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net