Volumes of frozen cod bought by China from Norway have increased substantially through late summer, while the EU is turning ever more to farmed cod supplies to offset a 35% drop in fresh wild cod imports
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Tag Archives: Whitefish
Russian Fishery CEO more bullish on H&G pollock price outlook with fillet output down
Prices for Russian H&G pollock for delivery to China are firming, with the CEO of the country's largest harvester upping his forecast for end of year by some $100/t Continue reading
England’s largest seafood auction nets supply from smaller rivals
England’s largest seafood market is set to see a significant boost in business after the recent closure of rival Plymouth Fish Market, according to a senior auctioneer
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‘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 Continue reading
JP Klausen pollock stock losses hit Nordic bottom line
Nordic Seafood, the main European holding company of Japan's Nissui, took a profit hit in 2023 as its largest subsidiary, J.P. Klausen, suffered losses on pollock stocks Continue reading
Nearly 50% of Norwegian fresh cod sold to EU this summer is farmed
Volumes of frozen cod sold to the trading bloc have also dropped off a cliff in the past three weeks as the EU is outbought by China and the UK
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Russian H&G pollock prices set low with $1,200/t seen as best-case by year-end
Currently, prices for 25cm-plus H&G Russian pollock, CFR China, are just over $1,000/t, which is an all-time low for week 29, just above 2017 after fallout from Pacific Andes crash Continue reading
Norway’s frozen cod, haddock shortage sees EU trade nosedive
According to the NSC, only 7t has been exported from Norway to the EU in the last fortnight as China buys up what little volume is available
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Russian H&G haddock prices rise with Norwegian due to US demand, gulf with cod
The H&G prices for Russian haddock for delivery to Chinese processors are rising fast, due to low availability, strong demand in the US market and the gulf with Atlantic cod Continue reading
Russian Fishery ups pollock surimi forecast to 160,000t by 2028, hopes for higher prices later in year
Russia's largest pollock quota holder has upped its forecast for countrywide surimi production of over 160,000t by 2028, even more bullish than one given last year Continue reading
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