Daily recap, April 14: King crab prices behind spike in US-Russia trade, Dalian processing woes

Here's a recap of the daily seafood news from Thursday, April 14: 

King crab prices behind big spike in value of US imports of Russian seafood

In the two months before Russia invaded Ukraine and the US responded with a ban on Russian seafood, a strange thing happened: The overall value of US imports of Russian seafood skyrocketed. Having reviewed the latest data from the US' National Oceanic and Atmospheric Administration, Undercurrent can confirm the cause was a spike in the value of Russian king crab. Click here for the full story. 

Dalian still yet to reach full processing capacity as COVID fears linger

The Chinese seafood processing hub of Dalian is still yet to reach full capacity more than three months after the city's port officially reopened to Russian tramper vessels carrying pollock cargo, industry sources told Undercurrent News. Click here for the full story. 

Trade insights: Indian shrimp exports surge past $5bn in 2021

India's frozen shrimp exports surged past $5 billion for the first time in 2021 thanks to a rebound on trade following a drop during the coronavirus pandemic and strong US demand; Undercurrent's Louis Harkell delved into the figures behind the increase in the latest entry of his Trade Insights series. Click here for the full story. 

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