Daily recap, Jan. 20: Alaska seen as emerging market; China’s ‘3R food’; P&P, Samherji’s Brexit woes
Undercurrent editors roundup the key seafood news stories from the previous day
Joyvio CEO: ‘3R food’ is new opportunity in China
'3R food' products have become a new trend in the market and give China's food industry opportunities, said Chen Shaopeng, chairman of Joyvio Group
Chinese fishing giant expects loss amid poor sales under COVID-19
CNFC Overseas Fisheries anticipates a loss of $22.4m-$23.9m in 2020 as the firm encountered poor sales and product price drop after the coronavirus outbreak
Aquafeed prices rise in China as fishmeal costs pick up
At least nine feed manufacturers and suppliers from Hainan, Wuhan, Jinzhou, Tianmen, Zhongshan and Yunnan announced an increase in feed prices of CNY 75 to 300/t
Price pressure building for US imports of blue, red swimming crab
The US was on pace to import 9% less blue and red swimming crab overall in 2020, contributing to reduced supply and higher prices, based on NOAA data
Cargill gears up for seafood investments, COVID-19 slump a ‘bump in the road’
Cargill, the world’s largest agricultural company, has no intention on slowing down as it expands into the global aquaculture industry
China’s customs strengthens coronavirus inspections on frozen seafood imports
China will step up testings and inspections of imported frozen seafood to prevent coronavirus outbreaks, according to its custom department
Chinese soy sauce maker scraps $710m deal for giant tuna fishing firm
Chinese soy sauce maker Jiajia Food Group has canceled its planned $710 million acquisition of tuna-fishing firm Dalian Ocean Fishing Company
CAPPMA: China’s aquatic product trade suffers under COVID-19
China's aquatic products imports and exports declined due to the COVID-19 pandemic, according to China's CAPPMA
CP to build $150m shrimp farm in east China
The Charoen Pokphand Group has invested $150m to build a shrimp farm and hatchery in China's Zhejiang province