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The current PBO (boneless) single frozen fish fillet price has risen to a historical high of $4,600/t, and the B quarter (the second half of the year) may further rose to $5,000/.
Both exporters and importers believe that overall supply is tightening and prices are more likely to remain stron.
For Russian exporters, reducing the export of H&G (head and dirty) raw materials to China has become the mainstream trend of the indust.
Coupled with China's strict anti-epidemic policy, although Qingdao's orders are already full, product delivery is facing delay challeng.
Because of the Ukrainian war, the United States has banned the import of Russian-origin seafood, and the United Kingdom will impose a 35% tariff on Russian-produced whitefish, while China's processing part is completely unrestrict.
Coupled with China's strict anti-epidemic policy, although Qingdao's orders are already full, product delivery is facing delay challeng.
Because of the Ukrainian war, the United States has banned the import of Russian-origin seafood, and the United Kingdom will impose a 35% tariff on Russian-produced whitefish, while China's processing part is completely unrestrict.
American Seafood Group (ASG) sales director Rasmus Soerensen told UCN: "The industry is facing a shortage of supply, how long will this problem last? We can really feel the tightness in supply and there is no sign of improvement, mainly because of the (China) epidemic and global shippi.
cris.
"
cris.
"
“The market demand will be very strong in B quarter and even 202 Lookingat the relationship between supply and demand, I think the current situation will continue to at least 202If in five years, we see the momentum of price increases continue, I also Not surprisingly, strong demand has always been there," Soerensen sa.
Jens Peter Klausen, general manager of JP Klausen & Co, a subsidiary of Nissui, said: "The current spot price is as high as $4,600/t, but the market may not be so cra.
I expect prices to stabilize at $4,500.
"
I expect prices to stabilize at $4,500.
"
A European importer said: "I won't buy at $5,000/t in the B quart.
Many people are rushing to buy American Alaska products, but the Russian price may be lower than $4,400.
The market is polarizing, Russia and the United Stat.
The spread is getting bigger and bigg.
”
Many people are rushing to buy American Alaska products, but the Russian price may be lower than $4,400.
The market is polarizing, Russia and the United Stat.
The spread is getting bigger and bigg.
”
A Russian supplier said: “I don’t think there is a lot of pressure on Russian fish because the demand is high and everyone wants to buy as much ingredients as possib.
There is a lot of demand from US food banks and school meals, no matter the pri.
, McDonald's and some other restaurant chains have to p.
"
There is a lot of demand from US food banks and school meals, no matter the pri.
, McDonald's and some other restaurant chains have to p.
"
“If Russian pollock can’t be sold in the.
, there will be a knock -on effe.
The market for surimi is also very strong, and some.
companies prefer to export surimi to Europe rather than PBO fillets,” Klausen add.
Concentrating on buying Alaska pollock, it doesn’t make sense for.
companies to produce too much PBO when surimi demand is so stro.
”
, there will be a knock -on effe.
The market for surimi is also very strong, and some.
companies prefer to export surimi to Europe rather than PBO fillets,” Klausen add.
Concentrating on buying Alaska pollock, it doesn’t make sense for.
companies to produce too much PBO when surimi demand is so stro.
”
Stefan Descheemaeker, CEO of Nomad, said: "Because of the Russian supply problem, we have to find suppliers outside Russia and consider using some alternatives, such as hake, or farmed fi.
"
"
The above news believes that the reason for the increase in prices due to tight supply is related to the scarcity of alternative varieties, which is particularly aimed at US factori.
In 2022, both.
and Russian supplies will decline, Soerensen sa.
Russia's Sea of Okhotsk production will fall by around 10%, and US production in the East Bering Strait will drop by 19%, for a total decline of 236,000 tonnes, including the Gulf of Alas.
and Russian supplies will decline, Soerensen sa.
Russia's Sea of Okhotsk production will fall by around 10%, and US production in the East Bering Strait will drop by 19%, for a total decline of 236,000 tonnes, including the Gulf of Alas.
Torunn Halhjem, US sales director of Russian company Gidrostroy, predicts that the global demand for pollock may be as high as 100,000 tons in 2022, and the total supply of China, Russia and the United States is about 452,000 to.
The total supply in 2021 and 2020 will be 475,000 tons and 472,000 tons, respective.
Russian fillet production will rise 38% to 142,000 tonnes, while.
Alaska fillet production will fall 11% to 125,000 tonn.
The total supply in 2021 and 2020 will be 475,000 tons and 472,000 tons, respective.
Russian fillet production will rise 38% to 142,000 tonnes, while.
Alaska fillet production will fall 11% to 125,000 tonn.
Halhjem also predicts that in 2022, Russia's H&G raw material exports will drop to around 380,000 tons, and the A-quarter output will be about 280,000 to.
In 2021 and 2020, it will be 705,000 tons and 689,000 tons respective.
China will export 145,000 tons of secondary frozen products, 22% less than last year and 29% less than 202
In 2021 and 2020, it will be 705,000 tons and 689,000 tons respective.
China will export 145,000 tons of secondary frozen products, 22% less than last year and 29% less than 202
