IN BRIEF - Wholesale Prices of Frozen Pollock by Size in Week 32 of 2024
SOUTH KOREA
Tuesday, August 06, 2024
In Week 32 of 2024, the wholesale prices for frozen pollock in South Korea continue to show slight declines for sizes 6, 7, and 8, while the price for size 9 remains steady.
By the end of July 2024, South Korea imported 76,593 tons of frozen pollock, marking a 10% decrease from the 84,884 tons imported in 2023. Frozen pollack is a significant fish species, accounting for 15% of the total seafood imports in South Korea. The import value for frozen pollock stood at USD 74,179, a 19% decline from USD 91,571 during the same period in 2023. The average import price of frozen pollock by June 2024 was USD 0.97 per kilogram, a 10.2% decrease from USD 1.08 per kilogram in 2023. The country-specific prices were USD 0.96 per kilogram from Russia, USD 1.25 per kilogram from the United States, and USD 1.63 per kilogram from China.
The vast majority of imports, 98.2% (75,201 tons), came from Russia, followed by 1.7% (1,288 tons) from the United States and 0.1% (103 tons) from China.
Specifically, the wholesale price for size 7 frozen pollock is around KRW 40,500, which is a 6.89% decrease from the June 2024 price of KRW 43,500 and a 1.21% decrease from the April 2024 price of KRW 41,000. For size 8, the wholesale price is around KRW 30,500, reflecting a 10.29% drop from the June 2024 price of KRW 34,000 and a 4.68% decrease from the April 2024 price of KRW 32,000
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Source: Industrias Pesqueras | Read the full article here
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Source: The Fish Site | Read the full article here
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This year there will be Danish and Faroese pavilions and a strong exhibitor presence from Norway. The exhibition has growing international importance and there are exhibitors from fifteen other countries including Germany, Spain, Canada and the UK.
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Geosmin and MIB are naturally occurring organic compounds produced by microorganisms commonly found in aquaculture ponds and recirculating aquaculture systems (RAS). Even at extremely low concentrations, once these compounds have been absorbed, it can lead to fish containing undesirable flavours, such as earthy or musty tastes, which are easily noticed by consumers.
With a presence in sectors such as mining, transportation, infrastructure, data centers, energy, and—of course—aquaculture, WSP has focused its expertise and technical capabilities on generating solutions that add value to its clients' businesses and position them for future success.
With extensive experience in consulting, engineering, and integrated solutions, WSP—an international company based in Montreal, Canada—has established itself as a strategic partner for the country's key industries. In southern Chile, its relationship with the aquaculture sector has developed over more than two decades; this track record has enabled the company to gain deep insight into the region, the specific characteristics of the sector, and the challenges it faces regarding growth, sustainability, and innovation.
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Source: SalmonBusiness | Read the full article here
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Author: Ole Andreas Drønen / fishfarmingexpert | Read the full article here
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Source: La Voz de Galicia | Read the full article here
Closer Does Not Mean More Abundant: Tuna Shifts Its Map in the Pacific Worldwide
The warming of the Pacific is modifying the distribution of several tuna species in the Eastern Pacific, temporarily bringing them closer to the California coast. For the industry, this signal does no...
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"Easing the burden" on companies while simultaneously ensuring that momentum toward achieving decarbonization goals is maintained.
The prospect of cod and pollock ultimately being left out of the 21st sanctions package reflects the delicate balance between political pressure on Moscow and the need to ensure supplies for the European processing industry.
INDIA
The El Niño climate pattern is expected to trigger severe marine heatwaves, leading to a significant decline in Indian oil sardine availability in 2027, according to the ICAR-Central Marine Research Institute (CMFRI).
ICELAND
It’s under nine weeks until the 
UNITED STATES
Naturally occurring compounds such as geosmin and 2-methylisoborneol (MIB) are two of the leading causes of poor flavour, writes Asbjørn Husby. As producers increasingly adopt more efficient production models, taking control of these compounds is vital.
CHILE
With a presence in sectors such as mining, transportation, infrastructure, data centers, energy, and—of course—aquaculture, WSP has focused its expertise and technical capabilities on generating solutions that add value to its clients' businesses and position them for future success..png)
Chinese agribusiness 
NORWAY
The spot price of market-influencing Norwegian farmed salmon increased by NOK 1.44 (£0.11) per kilo, up to NOK 64.30 (£5.12) per kilo, in week 28, according to sector statistic provider Akvafakta.
WORLDWIDE.png)
Global study of almost 15,000 consumers shows growing interest in sustainable seafood, with trusted certification increasingly helping shoppers buy with confidence.
SPAIN
The Ministry of Fisheries, with the support of the General Fisheries Commission for the Mediterranean (GFCM) of the UN 
