Russian Fishery CEO predicts ‘sharp’ rise in pollock surimi prices with Bering Sea output down
Savely Karpukhin, CEO of Russian Fishery, told Undercurrent News that Russia's production would be down by around 10% from the levels forecasted at the start of the year
Shanghai show 2024: Shrimp production from Ecuador expected to remain flat or ‘even lower’ in 2024, says Omarsa CEO
Undercurrent News was live from World Seafood Shanghai, Aug. 28-30
Proposed US mega grocery merger heads to court
A hearing related to the proposed merger of two US grocery giants began in the US state of Oregon on Monday
Tokyo show day three recap: Indian suppliers seek price hike for low-grade surimi
Undercurrent News is reporting live from the 26th edition of Japan's International Seafood and Technology Expo, taking place in Tokyo from Aug. 21-23
Tokyo show day two recap: Japan’s salmon market shifts as fillet demand grows
Undercurrent News is reporting live from the 26th edition of Japan's International Seafood and Technology Expo, taking place in Tokyo from Aug. 21-23
EU pollock buyers, US suppliers at loggerheads over PBO fillet prices, Russian sanction calls
In addition to opposition to PBO price levels being pushed for by the US side, there's anger in Europe over calls for more sanctions on Russia from US politicians and companies
Tokyo show day one recap: Nissui expands bluefin tuna ranch; Gadre launches Japan subsidiary
Undercurrent News is reporting live from the 26th edition of Japan's International Seafood and Technology Expo, taking place in Tokyo from Aug. 21-23
Tokyo 2024: Nichimo eyes 800t of Kuji coho, trout salmon harvest in 2025
Undercurrent News is reporting from this year's Japan International Seafood and Technology Expo, running Wednesday-Friday (Aug. 21-23)
Japan’s Kibun’s profit surges 332% on ‘stable’ surimi raw material price
Kibun Foods, possibly the world's largest manufacturer of finished surimi products, registered a 332% y-o-y growth in consolidated operating income at $2.6m for the first quarter of the year 2024.
Pollock roe price decline hits profits for Japan’s Nichimo
The seafood firm saw a 13% reduction in its consolidated operating income to $4m for Q1 in fiscal year 2024, largely due to a price decline in pollock roe raw material