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Salmon prices in China are 70% higher than in Poland
Poland, Norway's largest salmon buyer, paid NOK 623 (EUR 8) for salmon last week, while China paid NOK 1130 (EUR 18) per kil.
Both prices are FOB Norwa.
With a price difference of NOK 407 (EUR 5), the Chinese pay 79% more for salmon than the Pole.
Both prices are FOB Norwa.
With a price difference of NOK 407 (EUR 5), the Chinese pay 79% more for salmon than the Pole.
Ocean Supreme has historically focused on exporting fish to the Asian marke.
Fish exporter Botholf Stolt-Nielsen, managing director of Ocean Supreme, believes there are several reasons for the price differenc.
Fish exporter Botholf Stolt-Nielsen, managing director of Ocean Supreme, believes there are several reasons for the price differenc.
"Air freight is very hig.
I don't know if people are subtracting the correct air freight when calculating export prices, or they are doing it according to the templat.
There may be weaknesses in the basic data," he sai.
I don't know if people are subtracting the correct air freight when calculating export prices, or they are doing it according to the templat.
There may be weaknesses in the basic data," he sai.
At the same time, salmon packaging for the Chinese market is also a factor in higher cost.
“China requires an inner bag and an inner labe.
This makes packaging difficult and expensive, and often affects the efficiency of the packaging line, reducing the speed of the packaging plan.
Many packaging plants with graders and packaging lines are automated, And it has to be continuous in all parts of the packaging plant," he note.
This makes packaging difficult and expensive, and often affects the efficiency of the packaging line, reducing the speed of the packaging plan.
Many packaging plants with graders and packaging lines are automated, And it has to be continuous in all parts of the packaging plant," he note.
“Actually, to do this, the processing capacity is limited and you don’t want to reduce the output too muc.
Some people pack a few pallets a day, some people buy mor.
But all require that you have to have inner bags, outer labels and boxe.
The labels inside need to stay the same," explains Stolt-Nielse.
Some people pack a few pallets a day, some people buy mor.
But all require that you have to have inner bags, outer labels and boxe.
The labels inside need to stay the same," explains Stolt-Nielse.
“Also, China is asking more, it’s more complicated to produce, and they get a more expensive produc.
It’s always been that way, with requirements for Pancreatic Disease (PD), Infectious Salmon Anemia (ISA) and disease , and then they only need big fish, which makes it expensive and challenging to produce for the.
"
It’s always been that way, with requirements for Pancreatic Disease (PD), Infectious Salmon Anemia (ISA) and disease , and then they only need big fish, which makes it expensive and challenging to produce for the.
"
He does not believe the price difference is due to varying degrees of contract coverag.
"There are no contracts in Chin.
You cannot sign contracts in such a marke.
But there may be some contracts in Poland," he sai.
"There are no contracts in Chin.
You cannot sign contracts in such a marke.
But there may be some contracts in Poland," he sai.
Poland bought 3,260 tonnes of fresh Norwegian salmon last week, according to the Norwegian Seafood Council's export statistic.
By comparison, China bought 407 tonne.
By comparison, China bought 407 tonne.
Nova Austral threatens to withdraw from Chile if Chile advances sanctions
Nova Austral threatens to withdraw from Chile if Chile advances sanctionsChilean salmon farmer Nova Austral has warned in the country's third environmental court that it may have to close if the Environmental Supervision Agency (SMA) goes ahead with planned sanction.
In court filings, Nova Austral's lawyer Julio Recordon said the sanctions were "likely" to result in "the closure of its operations in Chile, as the inability to operate its three salmon farming centres would necessarily result in unsustainable business condition.
"
"
Last month, the SMA accused Nova Austral of overbreeding at three sites in the Alberto de Agostini National Park between 2015-17. As a result, authorities tried to revoke the company's environmental licenses at those locations and imposed fine.
If the court upholds the sanctions, it would be the first time SMA has withdrawn a company's environmental permit since its inceptio.
If the court upholds the sanctions, it would be the first time SMA has withdrawn a company's environmental permit since its inceptio.
"As SMA disregarded Nova Austral's unfavorable financial position, the imposition of the reversal sanctions completely disregards the company's efforts and specific measures to fully comply with environmental regulations," Recordon said in court filing.
"In this sense, the SMA ignores the fact that the lifted sanctions undoubtedly constitute the 'last ratio' of environmental sanctions powers, leaving my client in an irreparable situation, as analysed, the alleged Violations really do not warrant revoking the environmental permit.
.
making it impossible to continue operations," Recordon adde.
.
making it impossible to continue operations," Recordon adde.
Court documents show Nova Austral has been grappling with challenging financial time.
The company reported a loss of 32 million euros in the first half of 2022, following a loss of 52 million euros in 2022 and 78 million euros in 2020. In May, Nova Austral was fined 5 million euros by SMA for reportedly committing five breaches at one of its sites in 2017.
The company reported a loss of 32 million euros in the first half of 2022, following a loss of 52 million euros in 2022 and 78 million euros in 2020. In May, Nova Austral was fined 5 million euros by SMA for reportedly committing five breaches at one of its sites in 2017.
