For the first time in ten years, there is a quota gap for American pollock, Russian prices remain firm, and global supply is tightening.

Alaska's fishing industry has been hampered by adverse weather and resource protection policies. Since late September, multiple strong storms have forced fishing vessels to stop operations, and the U.S. National Oceanic and Atmospheric Administration (NOAA) closed some trawling areas early on September 25 to protect herring populations, effectively reducing the fishing window. In contrast, offshore processing vessels, which are more mobile, are expected to largely complete their quotas, but overall supply tightness is now a certainty. The B-season pollock fishery in the Gulf of Alaska has also progressed slowly, with catches significantly lower than the same period last year, and a larger shortfall is expected by the end of the year. The tightening of the supply side has directly pushed up global price structures. Russian pollock has seen strong demand in the Eurasian market, with the price of 25cm+ H&G raw materials on a CFR basis rising by about 0.6% in the 42nd week of 2025 ...