China: Russian pollock raw material prices continue to rise, producers say Bering Sea fishing conditions are poor

More than a month ago, the price of Russian pollock raw materials was still hovering at $1,010/ton, and the recent increase has obviously accelerated. A Russian seller told UCN: "The current transaction price is $1,200/ton, the transaction volume is not large, but the existing raw materials are relatively small, so we are not talking about a large-scale transaction data. Although H&G production is relatively high this year, the supply is very small at this stage." A Chinese processing plant manager said that he received a quote as high as $1,200/ton, but no one may be willing to buy at this price. Another Chinese processing plant person said that the transaction price can still be as low as $1,100/ton, and it will rise slowly by $30-40/ton per week. Another European trader said that the average transaction price is currently $1,150/ton, and the upward trend continues. Recently, Russian Fisheries Company (RFC) CEO Savely Karpukhin raised his forecast for pollock prices in 2024, ...