Following the initial proposal published on Jan. 9, which detailed our plans for weekly US wholesale price reporting for Chilean salmon, Undercurrent News has received valuable industry feedback.
We are committed to ensuring our price assessments align with the evolving needs of the seafood market and we are issuing the following amendment to our initial market notice.
Based on the feedback gathered, we will expand our Chilean salmon coverage to also include fresh, whole fish.
This addition seeks to provide a more comprehensive overview of the Chilean salmon market within the US.
Sample proposed product coverage:
Pricing basis: The fresh and frozen Chilean salmon market is priced regionally on an FOB basis from the seller's dock in Miami.
Fresh and frozen fillets, frozen portions: Prices will reflect pallet-level trade volumes at 3,500lbs., expressed in $/lb.
Fresh wholefish: Prices will reflect container load trade volumes., expressed in $/lb.
This will provide buyers, sellers, traders, and market participants with a comprehensive understanding of market values at key points in the supply chain.
This initiative aims to provide valuable and independent price benchmarks for the salmon industry, complementing our established reputation as a credible global seafood news supplier. With nearly 3,000 data sets across key species, this new service will further strengthen our offerings.
UCN is also planning to initiate US wholesale price coverage of crab and live lobster in the coming weeks.
Your input matters
We invite your feedback to tailor this service to reflect current market conditions and better support your business decisions.
All feedback will be acknowledged via [email protected], and if industry support is confirmed, we aim to launch this price-reporting service on Feb. 3, 2024.
Thank you for your continued support. We look forward to working together to build a reliable and robust salmon price reporting service.
Undercurrent News – Your Partner for Global Seafood Intelligence
Contact the author [email protected]
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