Here's a recap of the daily seafood news from Friday, April 15:
Joyvio CFO resigns as new $81m salmon fundraise seeks to paper over cracksThe chief financial officer of Joyvio Foods, the Chinese owner of Chilean salmon farmer Australis Seafoods, has resigned after another year of losses. It came on the same day Joyvio Foods announced plans for a CNY 515 million ($80.8m) private placement to supplement working capital, which it said is "relatively tight". Click here for the full story.
Panel ruling positions Newfoundland lobster for record prices if market maintainsLobster harvesters in the Canadian province of Newfoundland and Labrador already were looking forward to receiving record dock prices when the new season kicks off in the next few days but a recent ruling by the Canadian province's Standard Fish Price Setting Panel will help sweeten the pot even more. Now if only market conditions can be maintained. Click here for the full story.
No let up expected in Norway, Chilean or Scottish salmon prices after EasterSpot prices for Norwegian farmed salmon remain well above NOK 100 ($11.45) per kilogram in the week after Easter, Chilean prices are firming, and Scottish prices also are only going to rise further in week 16 (April 18-24), multiple sources told Undercurrent News. Click here for the full story.
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