Russia: There will be no shortage of red caviar, but the price may be higher than usual

Published 2024년 12월 5일

Tridge summary

Russia's Deputy Prime Minister, Patrushev, has announced that the upcoming fishing season may result in higher prices due to a decrease in supply, which is at its lowest since 2005. This is attributed to a poor fishing season and a drop in red caviar production, which has fallen from 25 thousand tons last year to 11-12 thousand tons this year. Despite the potential supply shortage, Patrushev assured that there will be no shortage of fish and caviar in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

"We haven't had a very good fishing season this year, so the price will be based on supply and demand," Patrushev said, as quoted by TASS. The Deputy Prime Minister specified that the current supply on the market may be "slightly insufficient." However, there will be no shortage, although the price may be slightly higher than usual, Patrushev concluded. Earlier, the All-Russian Association of Fishery Industrialists (VARPE) calculated that this year Russian fishermen caught 235.4 thousand tons, which was the worst result since 2005. This caused a decrease in the production of red caviar - from a ...
Source: RG

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