Tridge summary
Recent data from the China Agriculture Ministry shows a decrease in the prices of premium proteins, including seafood species such as croaker and salmon, in China's wholesale markets. The price for large yellow croaker has fallen by 3.2 percent compared to the same period last year, and the wholesale price of fresh Norwegian salmon has hit a 175-day low, with average prices dropping by 20 percent in mid-May. This trend is attributed to weaker global and domestic demand for these premium proteins.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The price of premium proteins, including seafood species such as croaker and salmon, have fallen in recent weeks in China.Data collected from wholesale markets across China, reported by the China Agriculture Ministry, show weak price growth for key seafood species in line with a broader deterioration in protein prices. The price for large yellow croaker in the first week of June at CNY 40.90 (USD 5.60, EUR 5.20) per kilo is down 3.2 percent on the same time last year, according to the data collected by China’s Agriculture Ministry from wholesale markets nationwide. Pressure on premium species appears to also impact salmon. The wholesale price of fresh Norwegian salmon on JD.com, a China-based online shop, hit a 175-day low on 17 June, and average salmon prices ...
Source: Seafoodsource
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