Cod prices are rising again, with true cod and black-line cod leading the surge.

According to the latest assessment by UCN, the CFR price of Russian H&G pollock in China has increased by $5 per ton compared to last week, with the overall price range still maintaining a $40 per ton difference, but the high-end prices are more active. Both sellers and buyers indicate that the market is showing a "mild strengthening" trend. A Chinese processing plant manager stated that the domestic dried market is currently seeing increased demand due to falling temperatures, leading to some replenishment purchases. Meanwhile, there is still some demand for reprocessed exported fish fillets that have been subjected to a second round of freezing. Another Russian exporter pointed out that end customers in Europe and the UK are gradually shifting to pollock due to the high prices of cod and haddock, although the scale is not large, but the cumulative orders of 10 and 20 containers will also provide support to the price. It is worth noting that although the catch volume in the ...