Herring and blue whiting making main news on Saint Petersburg freshfrozen fish market

November 14, 2006 16:05

As per mid-November 2006 the freshfrozen fish market in St. Petersburg has seen considerable ripples from surging blue whiting prices and falling prices for herring, trading sources told RFR.

Below follow more details on particular species with average prices given as ex-coldstore VAT inclusive for quantities of between 1-10 metric tons unless specified otherwise.

Freshfrozen herring

The situation on the freshfrozen herring market of Saint Petersburg in October 2006 was marked by falling prices in Norway, while the Russian herring was characterized by stable prices, because herring 300+ was actually more than 350 grams on the average.

Herring 400+, Norway, was offered from RUR41.00 per kilo FCA Saint Petersburg harbor with the price sometimes falling to RUR39.50.

In mid-November 2006 the fleets kept harvesting herring 350+ and the prices for the product fell from RUR33.50 to RUR29.50 FCA. In general, the falling price trend may be attributed to good catches of herring of the above size.

Poorly graded herring 200-300 classified by the Russians as large and fat was marketed from RUR16.50 per kilo in Saint Petersburg, while Russian herring 300+ was offered from RUR26.00 per kilo ex-coldstore in Saint Petersburg. Norwegian herring of the same size was traded from RUR25.00 per kilo.

In the recent months Russian and Norwegian veterinary authorities have been discussing the issues connected with imports of Norwegian seafood to Russia. So far restrictions have touched only salmon species, the import procedure for pelagic species has not been changed.

Mackerel

Norwegian mackerel 400-600 from the September harvest was sold from RUR62.50 FCA and ex-coldstore, while the size 600+ was offered from RUR85.00 per kilo. Russian mackerel head-off 300+ was marketed from RUR75.00 per kilo ex-coldstore.

Unlike last year traders have not offered Scottish mackerel yet.

Baltic herring, Baltic sprat

Latvian and Estonian fish fit for canning was not offered in Saint Petersburg as per 14 November 2006.

Finnish herring packed in pallets fetched from RUR16.00 per kilo in Saint Petersburg.

Similar product packed in boxes was offered from RUR17.00 per kilo.

Product appreciation could be explained by short supply on the market and poor catches at the start of the season.

Blue whiting

Due to the fact that other quotas had already been covered, many Russia ships preferred to leave the grounds in the Norwegian EEZ without exhausting their quotas rather than work with losses.

Many vessels of the Moonsund type did not cover their quotas therefore the non-satisfied demand for blue whiting and poor fishery on the grounds of polar cod Boreogadus saida pushed prices dramatically up.

More specifically, prices for the product in Murmansk increased from RUR11.00 per kilo in the last ten days of October nearly to RUR18.00 as per 13 November.

The Russian fleet did not enter the Faroese fishing zone due to unprofitability of the fishery and small catches. Thus, in the coming weeks the situation on the blue whiting market will hardly improve.

Taking into account that next landings are expected in early February, up through that moment the blue whiting prices will most probably remain high, if there are no fairly cheap offers of blue whiting imported from other countries.

Wholesale prices for blue whiting products in Murmansk, dateline 13 November 2006

Product

Price, RUR

Company

Type of processing

Note

Blue whiting

43.00

Telemak-Plus, OOO

smoked

3kg per box

Blue whiting dry-cured

55.00

Telemak-Plus, OOO

dry cured

3kg per box

Blue whiting w/r

17.50

Delfish, OOO

freshfrozen

 

Blue whiting w/r

17.80

Atlantida, OOO

freshfrozen

 

Blue whiting w/r

16.00

Severny Strelets, OOO

freshfrozen

No.4, price with loading (FOB)

Blue whiting backs in boxes

61.00

Telemak-Plus, OOO

smoked

500g

Blue whiting

13.00

Ulana, OOO

freshfrozen

 

Blue whiting

19.00

Dary Okeana, OOO

freshfrozen

 

Blue whiting backs

122.00

Telemak-Plus, OOO

dry cured

3kg per box

Blue whiting backs

27.50

Atlantida, OOO

other

 

Blue whiting backs

24.09

Murmansk Trawler Fleet, OAO

freshfrozen

No.3, 9

Blue whiting backs

24.09

Murmansk Trawler Fleet, OAO

freshfrozen

Saint Petersburg

Source: Fish Resources

Atlantic salmon and trout

Restrictions for import of Atlantic salmon and trout from Norway to Russia have pushed prices for the products up.

Besides, prices in the holiday turn-of-the-year season will hardly be too low. Most probably, they will increase. The closer to the New Year celebrations, the more fish traders will ship only to order due to high demand with nearly no spot quantities to be available on the market.

As per 14 November, trout 1.8-2.7 was offered from RUR185.00 per kilo, while Atlantic salmon 5-6 was available from RUR210.00 per kilo.

Along with the above, traders kept offering Chilean salmon at prices 5-8% down on those for corresponding Norwegian products.

Wholesale prices in Saint Petersburg, dateline 13 November 2006

Product

Price ex-coldstore, RUR per kilo

Pink salmon head-on, 22kg cartons

56.50

Spotted sea cat, 24kg

78.00

Blue sea cat, 30kg

44.90

Squid tubes, 24kg

52.80

Chum salmon head-on, 20kg

69.00

Alaska pollock headed 25+, 22kg, 24kg

44.50

Notothenia rock cod head-off tail-off in bulk

55.80

Haddock headed, 30kg

54.00

Saithe headed, 1kg+ 30kg

48.50

Baltic herring 12-15 22kg

19.50

Herring 200-300 30kg

19.50

Herring 300+ 20kg, Norway

28.80

Herring 400+ 20kg, Norway

48.00

Mackerel 300-500 head-on, 20kg

57.80

Mackerel 300+ headed 22kg

83.00

Mackerel 400-600 head-on 20kg

67.80

Cod headed 1kg- 20kg, 30kg

74.00

Trout headed 0.9-1.8kg, 25kg

162.00

Hake head-off tail-off 350-500 18kg

62.00

Escolar head-off tail-off 7kg+, in bulk

94.50

Pangasius fillets

85.00

Escolar fillets skin-on 25kg 3kg +

122.00

Trout 1.8-2.7

200.00

Trout 2.7-3.6

210.00

Trout 3.6-4.5

215.00

Salmon 5-6

210.00

Salmon 6-7

215.00

Salmon 7-8

220.00

Wholesale prices in Vladivostok, dateline 13 November 2006

Product

Price ex-coldstore, RUR per kilo

Squid tubes

44.00

Chum salmon head-on gutted

46.00

Coho salmon head-on gutted

57.00

Pacific herring freshfrozen 25+

15.50

Alaska pollock headed L

33.50

Alaska pollock headed M

32.50

 

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