H&G cod, haddock prices stable for China deliveries in week 32 amid uncertain outlook on Russia
Prices for frozen H&G Atlantic cod and haddock are stable and finely balanced, but outlook is uncertain for Russian supply to EU, according to UCN week 32 assessment
UCN estimates EU imported $700m in Russian seafood from China in 2023 on top of $955m direct
Using UCN's trade portal to estimate total direct and indirect imports of Russian fish for EU 27, the estimate is $1.65bn for 2023, comprised of $955m coming in directly and $699m from China
Chinese whitefish processors say potential EU ban on Russia would be ‘catastrophe’
Any potential EU ban on all Russian fish would spell a catastrophe for the Chinese whitefish sector, especially since the industry has already lost the US market, sources said
UCN’s seafood pricing data portal now at 2,800 sets with daily Japan, UK additions
Recent daily pricing additions from a huge wholesale market in Japan, as well as to two key UK fresh auctions, have taken UCN's industry-leading portal past 2,800 data points.
Norwegian H&G frozen cod auction prices hold, saithe hits annual peak
Saithe remains by far the most abundant frozen species on Norway's domestic whitefish auction this month, with supplies of cod and haddock atypically low
‘Rumblings’ of EU ban on $1.6bn-plus Russian seafood imports get louder, says Klausen
Industry noises around a possible full, partial or staged ban on the EU's $1.65bn-plus direct and indirect imports from Russia are getting louder, says CEO of Danish trader JP Klausen
Icelandic cod, haddock auctions hit by end-of-season price spike
The latest price data for week 31 shows that average prices for both ungutted and gutted Icelandic cod have shot up after a sharp supply deficit in the last fortnight
Russian gov’t takes concrete steps toward quitting ICES
Russia's authorities have followed through on earlier pledges and moved towards exiting an important regulatory body for fishery resources in the North Atlantic
Norwegian whitefish exports see painful drop in July as quota cut bites
Altogether, export volumes of fresh and frozen cod from the country declined by 19% and 32%, drops that could have been worse without a growth in farmed volumes
Schubert leaves Nomad after close to 11 years in senior roles
Antje Schubert took on the executive president for Germany, Austria, Switzerland, the Adriatic and Nordics in January 2023, having previously been managing director