Russia’s domestic pollock prices slide as catches mount up
The price of pollock caught in the Russian Far East has come down 22.2% since the beginning of the year, while Pacific herring prices are down just 4.4%
Russian scientists recommend 12% hike in 2025 pollock quota with prices set low
Russian scientists have recommended a TAC for pollock in its Far East of over 2.55m metric tons for the 2025 season, 12%, or 260,000t, higher than the 2024 level
Maruha snaps up 10% stake in Japan’s largest surimi producer for $19m
Japan's Maruha Nichiro has acquired a minority stake in Kibun Foods with a capital alliance to collaborate in manufacturing at home and developing offshore surimi product markets
Klaus Nielsen: We will make UK a ‘good Espersen plant’ in two years
The company has brought Stig Nielsen, who was running its McDonald's Filet-O-Fish plant in Denmark, over to the UK to run the coated and natural whitefish plant in Grimsby
High Liner Foods’ first investment in aquaculture not likely its last
'Aquaculture won't be a complete solution, but ... we will continue to identify opportunities as that industry continues to develop' - High Liner CEO Paul Jewer
Higher Russia, US pollock roe volumes see prices drop for Japanese, South Korean buyers
Despite the inventory of pollock roe staying at a 10-year low in Japan, an increase in supply from the US and Russia has pushed bidding prices down at auctions in Busan and Seattle
Prolonged price negotiation for Alaskan pollock surimi continues with Japanese buyers
Prices of Japan-bound Alaskan pollock surimi for the 2024 A season are being tentatively set for some loads, but most Japanese buyers have put their negotiations on hold
Russian seafood sector’s debt burden passes $10bn
With increasing costs and falling profit margins, the whole sector is struggling; the pollock sector's debt reached RUB 168 billion by the end of 2023
Norwegian cod prices to peak in 2025 as EU faces fierce global competition
As Europe's economic growth continues to lag and cod quotas dwindle, more of Norway's supply is destined for 'markets with a higher willingness to pay'
China’s largest pollock company has no plan to give up Russian fish
China Starfish, the country's largest pollock processor, said its goal is to buy 'quality materials at preferential prices'