News - MARKET

As per mid-April 2021 the wholesale market at St. Petersburg (Russia’s main entry port for imported seafood) is displaying good demand for hake HGT from Uruguay and Argentina as well as pangasius fillets from Vietnam, reports Megafishnet.com.

As per mid-April 2021 wholesale prices for frozen salmon from Chile have stopped its rise in Moscow despite the price increase in the country of origin, reports Megafishnet.com.

As per mid-April 2021 the wholesale market in Murmansk is displaying persistent poor supply of cod, haddock and saithe for the domestic needs as most of the catch is shipped for export, reports Megafishnet.com.

Traditionally, April 9 is treated as the end of the main fishing season at the Far East, it is the Sea of Okhotsk Alaska pollock fishery.  This year season was fairy unusual in many aspects.  The main difference is that it has not ended yet. Of course, the fishery in the three main subzones ended according to the plan, but this year East Sakhalin pollock fishery was certified by MSC, and therefore those few who have a quota there continued to work, reports Megafishnet.

As per mid-April 2021 the first hand prices for quite a number of products from the Russian Far Eastern Fisheries have been gathering momentum, reports Megafishnet.com.

The Russian seafood imports in 2020 slightly declined year-on-year but at the same time the volumes of many important products simply surged while mostly less important species contributed to the reduction in the total, reports Megafishnet.com.

This year pollock roe auctions in Busan, Korea are different to 2020 and totally different to “normal” way, reports Megafishnet.

The Russian market for dry-cured fish which has seen continuous growth in the last few years is set for a further increase in the next five-year period, reports Megafishnet.com.

The Russian vet watchdog Rosselkhoznadzor and the Ministry of Climate Change and Environment of the United Arab Emirates have agreed on veterinary certificates for the export of fishmeal and artemia cysts from Russia to the UAE, reports Megafishnet.com.

The first series of large-scale auction sales of Russian-made frozen pollock roe this year was held in Busan (South Korea) as late as in the middle of the third week of March, almost a month later compared to the usual dates, reports Megafishnet.com.

Russia’s major importer Defa Group has made projections for domestic capelin supply in 2021 which this year is witnessing a return of Atlantic capelin extra to the country’s own catch in the Russian Far East, reports Megafishnet.com.

Since the beginning of 2021 and as per Mid-March, the Rosselkhoznadzor Administration for the Primorsky Territory and the Sakhalin Region has issued veterinary certificates for export shipments of fish and seafood for a total volume of 203.5 thousand metric tons, reports Megafishnet.com.

As long as more and more pollock is taken out of the sea of Okhotsk, delivery problems are becoming grave, reports Megafishnet.com.

As per early March the wholesale market of St-Petersburg (Russia’s main entry port for imported seafood) was facing delays with arrival of some fish products such as blue whiting and pangasius fillets, reports Megafishnet.com.

As the Chinese market constraints continue to hit the pollock season in the Russian Far East, the fishermen are putting more effort into herring received by the market with an increasing favour. Despite the problems, the trading sources from the region describe the current situation as stable in terms of demand for the entire species range with several items displaying rising prices, reports Megafishnet.com.

Deliveries of live Russian-caught king crab to South Korea at the beginning of 2021, in contrast to the supply of live snow crab, were noticeably more active than last year, and the price level was significantly higher than in January 2020. The Norwegian deliveries displayed an even more serious growth and also at much higher prices. Meanwhile, the supply of cheap Chinese products, mainly swimming crab, significantly decreased, but also with strongly higher prices, reports Megafishnet.com.

In January 2021 Murmansk suppliers exported **** metric tons of finfish and other aquatic species or twice more as compared to **** tonnes delivered to the international market in January 2020, reports Megafishnet.com.

Online fish trade has been fast growing in Russia. Now it is moving from online chains and dedicated fish shops to e-commerce market places where multiple suppliers offer an unlimited range of fish products, reports Megafishnet.com.

Russia has published the results for fish products output in January 2021, reports Megafishnet.com.

Unlike king crab, in December 2020 American import of frozen snow crab was even weaker than in November and much lower than in December 2019...

Despite COVID-19 constraints, the supply of Russian-caught live crab to the Chinese market in December 2020 showed a very serious increase, even compared to 2019, when the supply level was already quite high, reports Megafishnet.com...

Close to mid- February the wholesale market of St-Petersburg (Russia’s main entry port for imported seafood) is witnessing a sweeping rise of pelagic prices while a number of white fish items have depreciated, reports Megafishnet.com.

In late February Russians will traditionally celebrate Defender of the Fatherland Day which will normally help increase the salmon and trout sales, reports Megafishnet.com.

Close to mid-February the market situation in the Russian Far East has been developing against the background of lagging pollock catch, the remaining trade with China and South Korea as well as fears of the Russian buyers that China will resume purchases on a big scale, taking reefer loads of pollock, etc. as of 18 February, reports Megafishnet.com.

As per early February wholesale prices for cod, haddock, saithe and cod roe in Murmansk have been developing in a situation of good demand versus insufficient supply. The inventories of several other species have also gone short, reports Megafishnet.com.

Russia’s seafood import volume in 2020 has declined by 7.9% due to CIVID-19 but several important segments have displayed an amazing growth despite the harsh economic environment, reports Megafishnet.com.

The Russian Crab Group (the largest crab harvester in the Russian Far East and one of the leading ones in Russia) has published impressive results for 2020 both in terms of catch and market development, reports Megafishnet.com.

The Russian Fishery Company (RFC), a major pollock harvester, is sharply reducing H/G output for the Chinese processors of double-frozen fillets while boosting its own production of FAS fillet blocks and surimi for export and the domestic market, reports Megafishnet.com.

As per late January the Korean food safety authorities informed Russia’s "National Center for the Safety of Aquatic Products and Aquaculture» that the country is tightening COVID-linked safety in their ports, reports Megafishnet.com.

Russia has increased exports of agricultural products to Korea by 50% by the end of 2020, reports Megafishnet.com.