China's pollock prices soar! European market falls into "shortage anxiety"

Published Oct 5, 2025

Tridge summary

Core tip: Recently, Pickenpack Seafoods, a German processor controlled by the American Trident Group, has been aggressively purchasing second-frozen pollock fillets in the Chinese market to ensure its retail contracts can be fulfilled until mid-2026. This "disorderly procurement" has not only driven up the prices of second-frozen fish fillets in China but has also caused the market price of Russian raw pollock (H&G) to rise in tandem.

Original content

Industry insiders revealed that Pickenpack's urgency to stockpile is due to the fact that the processing contracts signed earlier cannot be smoothly executed under the current high raw material prices. With its large-scale purchases, the processing circles in China and Europe are buzzing with discussions, with some even saying, "Pickenpack is pushing market prices higher." Meanwhile, Greenland Seafood, Frosta, and other German counterparts are also making moves, and a wave of restocking is forming in the European market. According to the latest assessment, the landed price of Russian H&G25+ pollock in the week of September 29 to October 5 rose by another $30 per ton, reaching the third highest level in nearly three years. The price of Chinese secondary frozen fish fillets has increased by $200-300 per ton compared to mid-September. Considering the freight and 13.7% tariff, the current landed price of secondary frozen pollock in Europe has surpassed the contract price of U.S. ...

Source: Foodmate