Frankfurt-listed Haikui Seafood earnings dive 17% as raw materials and labor costs hit its margins Continue reading
Rising raw material, labor costs hit China processor’s margins
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Category Archives: Prices
Bakkafrost earnings up 155% on higher spot prices
Increased spot prices mean the farming segment saw an EBIT of $21.5m, but also led to a loss on value-added products
Brokerage keeps CP Foods buy rating on expected H2 shrimp recovery
Bualuang Securities maintains its buy rating for Charoen Pokphand Foods based on a recovery in the shrimp operation
First Copper River opener has plenty of reds, few kings, initial prices will be high
Initial opener came on less bad weather than expected, with 82,000 sockeye and 700 king salmon harvested Continue reading
Oceana invests in canned fish stock
South Africa’s Oceana Group, close to announcing an acquisition, is shifting cash off its balance sheet into canned fish stock as quotas come down and demand grows Continue reading
Farmed salmon prices reach new peak
‘There isn’t a bloody customer who can pay the price. None,’ says exporter in western Norway
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Shipping rates to increase on routes out of Asia
Fourth-largest shipping line in Europe hikes rates on routes from Asia to Europe and Americas, others expected to follow suit
Siam Canadian: Markets can’t follow Thai shrimp prices
Vannamei shrimp supply from Thailand should start to improve on small sizes by July, but high prices are expected up until then, with production in China and Vietnam also under pressure Continue reading
Seafresh, Surapon hit by shrimp disease, wage hikes
A range of seafood companies report impact of shrimp disease, as well as the increase in Thai minimum wage
Norway agrees on higher minimum coldwater shrimp prices
Norwegian fishermen’s sales organization and buyers agree on increase for upcoming coldwater shrimp season Continue reading