Opinions on the rise and fall of pollock prices vary, and the market will be dominated by the United States in the A quarter of next year

Published 2024년 11월 25일

Tridge summary

The article discusses the varying predictions regarding the future of Russian 25cm+ headless and gutted (H&G) pollock prices, with estimates currently ranging from $1,300-$1,350/ton since the 42nd week. Chinese processing companies anticipate a price increase, while Russian exporters foresee a cyclical rise due to tight supply in the B quarter. However, an increase in production in the Khotsk Sea could lead to lower prices. Meanwhile, Chinese and American markets face challenges with price expectations, influenced by tariffs and production levels. The final prices depend on several factors, including market demand and the role of American companies in setting prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sources said that since the 42nd week, the price of Russian 25cm+ headless and gutted (H&G) pollock has remained in the range of $1,300-$1,350/ton, and different industry players have given different price forecasts. A Chinese processing company manager said that the price of pollock is expected to rise in the future, and the processing plant hopes to ensure the supply of raw materials before and after the Spring Festival. The rising trend of H&G prices before the end of the year is a normal phenomenon. A Russian exporter said that the supply of pollock in the B quarter is very tight, and the price will show a cyclical increase, which happens every year. However, a European trader said that the production in the Khotsk Sea is increasing, and the price of H&G may fall back to $1,150-$1,200/ton. Based on the current raw material cost, the price of secondary frozen fish fillets and blocks in China must be at least $2,600/ton, while the market can only accept $2,350-$2,400/ton. ...
Source: Foodmate

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