The price of Russian wild pink salmon has almost reached a historical bottom

Currently, the price of wild salmon has almost reached a historical bottom. Russian pink salmon raw materials (H&G, heads and guts removed) have fallen to $1,600-$1,800/ton, a 60% decrease from last year. The price of Alaskan pink salmon in the United States is $2,300-$2,400/ton. Down 50% from last year. ​ Sources said that even at such a low price, it is difficult to find buyers. If Russian raw materials are used, the price of quick-frozen (IQF) fish fillets exported to Europe and the United States is $4,400-$4,500/ton, a drop of about 50%; made from American raw materials The price of finished products is $500/ton higher, which is also a 50% drop from last year. ​ Rob Reierson, CEO of Canadian trading company Tradex Foods, pointed out that several Chinese factories have disrupted the market by shipping at extremely low prices. These prices are lower than the cost of production. They are creating opportunities for buyers, but this is unsustainable. ​ "The salmon market is ...