The novel coronavirus COVID-19 continues to upend the global seafood trade, reducing foodservice demand and complicating supply chains. If you have any stories on how your company is dealing with the crisis, please email us, [email protected] Here's a recap of pandemic-related seafood news from Friday, Sept. 11:
The party may well be coming to an end-- or at least, an intermission -- for Northern Europe's shrimp suppliers, many of whom have enjoyed a record summer, according to market analyst Willem van der Pijl.
Speaking on Undercurrent News' Global Shrimp Market Outlook webinar, van der Pijl, founder of market consultancy Shrimp Insights, said the summer had broken shrimp sales records for several wholesalers in northwestern Europe, despite the coronavirus pandemic. But winter is coming.
Sales are slower too for French surimi maker and food company Fleury Michon, which failed to translate higher sales revenues during lockdown into a profit, reporting a loss of €13.3 million ($15.8m) in the first half of 2020.
In the salmon market, the weekly export volume of Norway's fresh salmon rose to its highest level this year, while average unit values for salmon continued decreasing in week 36, the latest data published by the Norwegian Seafood Council shows.
Meanwhile, spot prices for Chilean farmed salmon are the only non-movers for next week -- week 38 of 2020 -- with Scottish lifting, and Norwegian also on the up after a turbulent Friday, sources told Undercurrent News.
Lastly, Ecuadorian shrimp exporters are reinforcing biosecurity measures and controls on shipments to all destinations, including China, the country's national chamber of aquaculture, known by its Spanish abbreviation, CNA has said.
September 14, 2020 at 12:56PM
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COVID-19 recap, Sept. 11: Slow winter seen for EU shrimp market; Salmon prices edge up, except in Chile - Undercurrent News
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