Norway's Redfish Stock Remains Limited in W28, Prices Steady Ahead of Mid-August Arrivals

Norway's redfish (Sebastes mentella and Sebastes marinus) stock is very limited, yet prices have risen less than anticipated. In W28, prices are approximately USD 2.99 to 3.10 per kilogram (kg) CIF Europe main ports for an average size of 300 to 350 grams (g). New vessels are expected to arrive in mid-Aug-24, bringing additional stock of similar size. This will likely be the last significant arrival of the summer, as landings are expected to become less frequent due to more challenging weather conditions in the following months.