Hake to Brazil: demand improves after strong retraction

Published 2020년 11월 18일

Tridge summary

Hake production has seen a surge in Argentina due to the return of the fresh fleet from the shrimp season, leading to a decrease in the price of the fish to between 39 and 40 pesos plus VAT from 80 pesos per kilo last winter. This has sparked interest in hake in Brazil, with plans to increase stock by the end of the year and during Easter 2021. Despite this, Brazil's reception of Argentine fishery products has seen a 15% decrease in volume and a 28% decrease in value compared to the same period last year. The demand is now reversing slightly, with a slight price improvement, particularly for hake products with added value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With regular access to whole hake and better prices at the dock due to an increase in supply after the return of the fresh fleet from the shrimp season in national waters, meat exporters increased their production level to meet the demand of Brazilian customers . The fish that reached around 80 pesos per kilo last winter with a restricted offer, now trades at between 39 and 40 pesos plus VAT and allows them to improve the economic equation that always depends, also, on the type of employment relationship that is maintained with the workers in charge of the cut. At this time, interest in hake begins to awaken from Brazil with a view to increasing the stock by the end of the year and mainly during Easter 2021. “In November the weak demand that we had until now begins to reverse and there is also a slight improvement in the price, ”says Ciro D´Antonio from Frigorífico del Sud Este. In the establishment they make IQF in bags of different weight, between half and a kilogram. It is not ...
Source: Agromeat

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