European pollock buyers angrily resist calls for further U.S. sanctions on Russia

Buyers in the European market believe that the US move ignores the needs and interests of the European market and may cause major turmoil in the global fishery market. Although the production of boneless pollock fillets in the US season B increased by 38% to 37,916 metric tons, and the production so far this year increased by 33% to 88,021 metric tons, suppliers are still pushing prices to $3,600 per ton. However, European buyers insist that the price of season A has stabilized at around $3,450 per ton, and further price increases will only increase market instability. More importantly, European buyers are indignant about the move by US politicians and companies to increase sanctions on Russia. They believe that such sanctions are not only short-sighted, but may also have a disastrous impact on the global fishery market. A European European executives bluntly stated that the goal of US suppliers seems to be to weaken all markets except the United States, completely ignoring the ...