Pollock Prices Hold Steady at USD 1,020/mt Amidst Market Volatility

The Pollock market has seen significant fluctuations since Dec-24. After the United States (US) imposed a ban on Russian fish, prices briefly fell to USD 880 per metric ton (mt) before certain plants took advantage of the situation and stocked up. Subsequently, prices have stabilized at USD 1,020/mt from Apr-24 to May-24, driven by strong demand from European Union buyers, particularly for finished products, fillets, and blocks.