Manufacturers Increased Salmon Prices by 22–28% in Response to Potential Salmon Export Restrictions

The Russian Federal Agency for Fisheries' statement about a possible restriction on the export of Russian salmon fish to stabilise its value in the domestic market had the opposite effect,. Manufacturers increased salmon selling prices in October by 22-28%. The All-Russian Association of Fishermen (VARPE) has already opposed the ban, pointing out that exports account for no more than 10% of the catch. Restrictions on exports and price cuts may lead to fishermen holding back production in anticipation of peak demand.