Tag Archives: TRADEX 3-Minute Market Insight
Tradex 3-Minute Market Insight: Bleak Outlook for Collapsed Sole Market; Cod Pricing Creates Buyer Opportunities
Long inventories, poor markets, and limited cash flow equate to looming troubles ahead for Chinese processing plants. Atlantic Cod pricing remains strong and raw materials are still high, forcing upwards pricing pressure on finished goods headed for North America. is looking like an affordable whitefish alternative. Watch the 3-Minute Market Insight here 14:58
Tradex 3-Minute Market Insight: Controversial Halibut Bycatch Reductions; Stock Scarcity Closes Golden King Crab Fishery
After speaking to a few Alaska trawl boat groups, some feel the recent decisions by IPHC are unfairly weighted on the trawl fisheries The Golden King Crab is the most abundant species of crab in their Alaska range; however, the closure announcement comes as a result of abnormal and EXTREMELY low harvests this season. Watch the update here 09:31
Tradex: Rising Black Cod and Halibut Prices; Big Changes Ahead for EU Labelling Laws
Published on Oct 27, 2014 All sizes of Halibut as well as Halibut fletches are seeing price inflation, including the smaller sizes. Earlier this year we predicted that prices would be strong in the 2014 season as the supply of 2013 processed halibut was very limited. H&G Black Cod prices FOB Seattle for both 5-7s and 7 ups are in the high $9s. We have even heard some offers as high as $10.00 USD. Watch the video here 09:19
TRADEX 3-Minute Market Insight – Further Shrimp Price Increases to Impact East & West Coast Markets
Published on Jul 14, 2014 The Oregon Shrimp Meat fishery is well underway and prices are rising quickly. Prices have increased by $0.25 /lb to $0.35 /lb since May and we are being told that another $0.25 /lb price increase could occur next week as well.Watch video here 10:32
Tradex 3-Minute Market Insight – Poor Year for Russian Pink Salmon Ahead, Depleted Inventories of Chums
Packers in China indicate a poor year for Russian Pink Salmon ahead, pre-season estimates suggest higher returns than last year, but supply will still be tight. Depleted inventory levels of GMC Chum in China has left buyers looking for any GMC fish they can get. The Russian Government plans to cancel quotas of fishermen that produce less than 70 percent of their catch and will sell the seized quota at auction. Watch the 3-Minute Market Insight 08:59
TRADEX 3-Minute Market Insight – Yellowfin Sole the Topic of Interest for North American Buyers
Yellowfin sole has been a topic of interest lately for North American buyers. Finished products in the European market are still extremely low, and the North American market isn’t picking up either. Buyers don’t seem to want to purchase, even from plants that are willing to sell at breakeven price. Watch it here 18:00