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Undercurrent, the leading source of actionable intelligence for the global seafood industry, is proud to add its shrimp indexes to the Global Shrimp Tracker, providing increased visibility and easily consumable representative averages for different product types and forms of US wholesale and global shrimp trade.
As global shrimp markets face unprecedented price fluctuations and trade flow shifts, the need for objective, data-driven benchmarks has never been higher. The UCN shrimp indexes are designed to strip bring transparency to the market.
The Global Shrimp Tracker index tab now provides subscribers:
- Market Transparency and Trend Analysis: View cyclical and long-term trends with full data and methodology built to democratize information.
- Benchmarking: Measure performance against a basket of similarly traded items.
- Mitigating risk and hedging: Protect yourself against sudden price shocks by tying contracts to a recognized index.
The shrimp indexes utilize a robust methodology that aggregates verified trade data, offering a level of transparency that was previously difficult to access.
“Our goal is to empower the industry with the same level of sophistication found in the financial or energy sectors,” said Gary Morrison, Head of growth and strategy at Undercurrent.
About Undercurrent
Undercurrent is the premier pure-play seafood intelligence platform, delivering global prices, news, and trade data to businesses worldwide. By democratizing data and providing efficient, accurate information, UCN helps clients navigate the complex seafood industry and stay ahead of market trends.
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