Cod Prices Soar, with Pacific Cod, Black Cod, and Walleye Pollock All Rising, Chinese Processing Plants "Can't Take It Anymore"
게시됨 2025년 7월 18일
Tridge 요약
In Week 29, Russian 1-2 kg H&G cod prices surged to $7,750 per ton, a weekly increase of $250, with Norwegian products quoted even higher at $8,450/ton. A European trader noted that the U.S. market may be approaching its price tolerance limit, and the market's stability in the short term will depend on the direction of U.S. tariff policies. Meanwhile, Chinese processing plants generally report "no profitability," with some enterprises barely holding on.
The saithe market continues to heat up, with Russian saithe (25cm+) prices rising to $1,580/ton in Week 29, an additional $45 increase. Although Chinese factories still have numerous European orders in execution and are attempting to push for a second price increase, they face widespread resistance from EU buyers. Industry insiders state: "Buyers may complain about prices, but ultimately they will still place orders."
Driven by Atlantic cod price trends, U.S. Pacific cod prices have also risen, with July transaction prices reaching $6,450-$6,900/ton. Simultaneously, Russian black cod prices continue to climb, while Norwegian prices remain temporarily stable.
Currently, European sanctions against Russia's two main cod suppliers, Norebo and Murman, persist, with Barents Sea quotas reduced by 25% in 2025 and further tightened to 21% in 2026. Under this double pressure, the market anticipates white fish prices will remain in a high volatility range, presenting increasingly severe profitability challenges for global processors.
The saithe market continues to heat up, with Russian saithe (25cm+) prices rising to $1,580/ton in Week 29, an additional $45 increase. Although Chinese factories still have numerous European orders in execution and are attempting to push for a second price increase, they face widespread resistance from EU buyers. Industry insiders state: "Buyers may complain about prices, but ultimately they will still place orders."
Driven by Atlantic cod price trends, U.S. Pacific cod prices have also risen, with July transaction prices reaching $6,450-$6,900/ton. Simultaneously, Russian black cod prices continue to climb, while Norwegian prices remain temporarily stable.
Currently, European sanctions against Russia's two main cod suppliers, Norebo and Murman, persist, with Barents Sea quotas reduced by 25% in 2025 and further tightened to 21% in 2026. Under this double pressure, the market anticipates white fish prices will remain in a high volatility range, presenting increasingly severe profitability challenges for global processors.
원본 콘텐츠
In Week 29, Russian 1-2 kg H&G cod prices surged to $7,750 per ton, a weekly increase of $250, with Norwegian products quoted even higher at $8,450/ton. A European trader noted that the U.S. market may be approaching its price tolerance limit, and the market's stability in the short term will depend on U.S. tariff policy trends. Meanwhile, Chinese processing plants generally report "no profitability," with some enterprises barely holding on. The saithe market also continues to heat up, with Week 29 Russian saithe (25cm+) prices rising to $1,580/ton, an additional $45 increase. Although Chinese factories still have numerous ongoing European orders and are attempting to push for a second price increase, they face widespread resistance from EU buyers. Industry insiders state: "Buyers may complain about prices, but they will ultimately place orders." Driven by Atlantic cod price trends, U.S. Pacific cod prices have also risen, with July transaction prices reaching $6,450-$6,900/ton. ...
출처: Foodmate
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