News - MARKET

The season is over, long live the season - our American colleagues might say, who collect almost all the roe, found in fish.  For Russian fishermen, for whom the production of everything is determined by above-specified coefficients, to recognize today's pollock as contenting roe automatically means to hit the volume of fillet and HG production. Therefore, roe women go on vacation, and trawlers go to maintainance.

As per mid-July 2021 the wholesale market at St. Petersburg (Russia’s main entry port for imported seafood) is displaying declining prices for mackerel originating from the Faroe Islands, reports Megafishnet.com.

Current July has been featuring weak trade in the wholesale market of frozen salmon and trout in Moscow, reports Megafishnet.com.

As per mid-July 2021 Murmansk wholesale market is displaying a steadily short supply for cod, haddock and other whitefish for the domestic needs as most of the catch is shipped for export, reports Megafishnet.com.

In mid-July 2021 the market participants in the Russian Far East have been mostly keen on the salmon season progressing in the Basin, reports Megafishnet.com.

The Russian shipments of live king crab to South Korea, which had been falling for three months in a row until May, intensified very sharply in this month, but remained at a lower level compared to last year. Imports of Norwegian products were also much less active than in May 2020, but, as in the case of the Russian shipments, at a much higher price, but the price rise when importing the Russian products was much more powerful, reports Megafishnet.com.

Overall American imports of frozen snow crab were at a higher level in May than in 2020. The price index has risen especially strongly, and not so much for the supply of Russian products, but for the input from the grounds off Eastern Canada, which remains the main supply source of the snow crab on the US market, reports Megafishnet.com.

The Pollock Catchers Association (PCA) has proved that the pollock trawl fishery in the Western Bering Sea Zone meets the requirements of the international environmental standards of the Marine Stewardship Council (MSC) and on July 6, 2021, the final certification decision on the recognition of the Russian pollock fishery in the Bering Sea as stable and well-managed was published on the MSC website, reports Megafishnet.com.

As per mid-June 2021 the first hand prices for quite a number of products from the Russian Far Eastern Fisheries stay unchanged from May, reports Megafishnet.com.

As per mid-June 2021 the wholesale market at St. Petersburg (Russia’s main entry port for imported seafood) is displaying increased prices for Atlantic salmon originating from Chile, reports Megafishnet.com.

As per mid-June 2021 wholesale prices for frozen salmon and trout have been calm in Moscow, the demand remaining weak, reports Megafishnet.com.

As per mid-June 2021 Murmansk wholesale market is featuring a strong demand for halibut in all sizes, reports Megafishnet.com.

The season of roe auctions in Busan is almost over, reports Megafishnet.com.

The statistics for Alaska pollock catch and production in USA and Russia in the first five months of 2021 show different trends, reports Megafishnet.com.

The Russian shipments of live king crab to South Korean ports in April fell even more than those of snow crab versus last year's results, but the prices rose even more significantly. Meanwhile, the deliveries of Norwegian products by air continued to show very strong growth, but their activity was still quite limited, and the price level was also significantly lower than in the case of the Russian exports, reports Megafishnet.com.

As per start of June the process of resuming the export of Russian seafood to China by reefer vessels remained stalled casting shadows on the prospects for bulk shipments from the unrolling wild salmon season to the Chinese market later this year, reports Megafishnet.com.

As per late May, more than 540 thousand tons of fish products have been exported from the Primorye region (main export hub in the Russian Far East) since the beginning of 2021 with the destinations’ shares considerably changing versus the same period in 2020, reports Megafishnet.com.

In the first four months of 2021, Russia has steeply increased exports of agricultural products to Japan with the greatest input provided by frozen seafood, reports Megafishnet.com.

Close to mid-May ForSea Solutions, a sustainability and technical consultancy for the seafood industry, has announced that it will work closely with several major North American seafood companies, notably The Fishin’ Company and Gorton’s, Inc., to promote continued fishery improvement in Russian Far East salmon fisheries.

As this year production of pollock WR in Russian waters has become quite low (82% of 2020 as for Jan-Apr), Alaskan production was insignificant (238 MT).  Korea stopped pollock import from Japan after the Fukushima disaster 10 years ago, and current plans to dump heavy water doesn’t motivate them to lift the ban.  It makes problems for APO WR supply to Korea, while the fish is of startegic importance for Koreans.

As Megafishnet.com mentioned a month ago, this year A-season for Russian pollock lasted longer than usual, and now it is over.

As per mid-May 2021 Murmansk wholesale market 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.

As per mid-May 2021 wholesale prices for frozen salmon from Chile have been on a rise in Moscow, just in keeping with the traders’ expectations, reports Megafishnet.com.

As per mid-May 2021 the wholesale market at St. Petersburg (Russia’s main entry port for imported seafood) is displaying a brisker demand for Atlantic herring WR originating from the Faroe Islands, reports Megafishnet.com.

A second series of Russian pollock roe auctions has just started in Busan after the Golden week (Apr 29 – May 8). Unlike previous years, when fishing companies did their best to bring to Busan and sell as much roe as possible before the Golden week, this year the situation is different, reports Megafishnet.com.

After the challenging year 2020, the dynamics of Russian seafood imports in Q1 have shown good acceleration, reports Megafishnet.com.

On April 21, negotiations between Russia’s vet watchdog Rosselkhoznadzor and the Ministry of Industry, Foreign Trade, Investment and Fisheries of the Republic of Ecuador took place in a video conference format to help boost seafood export from Ecuador, reports Megafishnet.com.

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.