The aquaculture companies say they are already seeing inflationary impacts in Q2 of 2026, with Leroy warning of a bigger hit in 2027

Icelandic producers are offering new-season Atlantic mackerel above $5/kg CFR to Asia ahead of Norway’s main fishing season in August, with buyers holding back over record prices

Widespread flooding in Gujarat state in the final week of July is believed to have cost the state’s aquaculture sector more than $80m in total

The Polish firm’s aim is to start production in the fourth quarter of 2027, and around 300 people are expected to be employed at the site

The tracker brings together UCN’s tuna pricing data in one place, including proprietary global benchmarks and Asian and European wholesale prices

The world’s largest seafood company by revenue posted record April-June revenue as North America, Europe and pet food offset weaker domestic operations

There were some minor improvements on prices for medium-sized Ecuadorian shrimp in the latest week, but they, like the rest of the industry, are struggling with production costs at these levels

Argentina’s Cabo Virgenes has completed the acquisition of a rival, adding a processing plant focused on red shrimp and a freezer trawler, as it seeks to grow sales in the US market

While at first glance SalMar has agreed a steep price for Heimsto’s 70% stake in Masoval, sector analysts believe the deal should pay off in the long-run

Pescanova owner Abanca has tasked a prolific seafood-centric M&A firm with running the investment process for its French shrimp processing subsidiaries, sources told Undercurrent

Market sentiment has shifted following China’s suspension of import declarations for products shipped on or after June 30 from seven Ecuadorian shrimp processing plants, after changes to its sodium me...

No season for larger sizes, say sellers, as Ecuador-origin shrimp prices to Europe are generally stable, while demand for smaller sizes shows a firmer sentiment

P&P Thon is in talks to acquire the fishing company’s vessels and the services of its crews, aiming to manage them under Compagnie Francaise du Thon Oceanique

China Customs has not publicly disclosed the reason for the suspension, but sources told Undercurrent that the seven had accumulated several shipment rejections due to recurring sodium metabisulfite i...

Icelandic packers and Japanese buyers reach a compromise on roe-bearing capelin after months of negotiations, with prices sharply corrected from last season’s record highs

Norwegian exports in May were driven by both volume growth for frozen shrimp and a record-high export value for a single month, surpassing the previous record month by $1.65m

The market narrative has shifted from whether B season prices will move higher to how much of the upstream cost inflation buyers will ultimately be willing to absorb

The project — backed by Apex Marine Farm, Clearwater Mussels, Marine Farming Association, and Talley’s — could provide for almost 100,000t of production

CFR China prices remain at one of the highest levels of all time, even as UCN adjusts down its week 26 price assessment on 25cm-plus H&G Russian pollock by $35/t

LAXEY has raised €47 million in an oversubscribed equity round and secured a syndicated loan backed by major European banks to fund its expansion in Iceland

There were only limited changes to global farm-gate prices in the latest week amid a period of mass oversupply, although larger sizes at least show some firming

‘End-user consumption is exhausted and there is absolutely no movement in wholesale raw material distribution’ — Tokyo-based importer

The global omega-3 market grew 3.4% in 2025 despite supply challenges and economic uncertainty, with pet nutrition, China and premium ingredients driving demand

Although auction prices have dropped from their peak during the annual Fishermen’s Day break, they are still higher than before the holiday

Terms of the settlement, which resolves a lawsuit making salacious allegations of corporate espionage and bribery in Argentina, were not disclosed

Fresh bluefin prices rise at Tokyo’s Toyosu Market as Sea of Japan purse-seine landings increase, while air-flown tuna arrivals from Australia and New Zealand continue to grow

Larger fish, however, remain comparatively scarce as biological challenges continue to limit production, supporting premiums across both export and domestic channels

With Peru’s anchovy boats still tied up and a restart now pinned on June 11, Chinese fishmeal prices have ground out fresh record highs for a fifth straight week

The decline has been one of the steepest in recent weeks, an importer said

‘I don’t think the situation we’re seeing right now is the same as we saw then. The circumstances are very different today; it’s different factors that are causing the price rises we’re currently seei...

‘This is bigger than a shelf in the UK. It’s the kind of innovation that turns a good year for Southeast [Alaska] fishermen into a durable price’ — Eren Shultz, Circle Seafoods

The Scottish salmon farmer has listed a NOK 640m senior secured bond on Euronext Oslo Bors, granting the ability to make investments in infrastructure and operational capacity

Argentina has approved the expansion of the squid-jigging fleet with 18 new vessels

The company, which already accounts for nearly 20% of the country’s branded canned tuna consumption, is planning to go public on the Istanbul stock exchange later this year

Competition for value-added product markets is already fierce, Ivar Wulf told UCN, but Leroy is building its supply chains to serve those parts of the market that will accept climbing prices

Delivered China prices for Russian H&G Atlantic cod remained firm at an all-time high level in week 23, with demand weak on Norwegian fish and prices under pressure

Farmers are more optimistic that the US could ease tariffs on Chinese seafood products following recent bilateral trade discussions

‘The Atlantic mackerel business is nothing but despair. There are no positive signs whatsoever’ — a Japanese mackerel importer

Indian farm-gate prices slide for a second consecutive week as China’s disease-driven rally deepens, according to UCN’s latest global roundup

Mowi will continue to run the site at Sighaug through the summer, after which Ode will convert production to juvenile and broodstock cod

Cod fillet imports to the UK have shrunk by a third in 2026, and as buyers balk at the price of Norwegian and find direct Russian access cut off by EU sanctions, even the Icelandic lifeline is under t...

A huge week of ungutted cod sales from the coastal season has kept prices modest, but still more than 30% higher than last year

‘We are losing CNY 15/kg today, and losses in some categories have reached CNY 20/kg,’ an importer said

The strong krone has made it appear that mackerel prices were easing, when in fact, they have been stable and high; week 18 saw a fresh rise in price

The market is no longer reacting primarily to spot volatility overseas. Instead, the higher global cost structure is now physically arriving into the US market

Spanish seafood firm Grupo Pereira has officially crossed the €200 million turnover threshold for the first time in its 70-year history

Some Chinese processors are worried about further increases in Russian H&G pricing ahead of more supply coming in, with fillet demand strong and prices rising

In 2025, Nueva Pescanova returned to profit; ‘With this move, the group is reducing its leverage to below four times [earnings] in order to continue growing,’ it said

Streamlining and efficiency initiatives were part of the reason it was able to make a modest profit in 2025 after two ‘challenging’ years

Chinese farm-gate shrimp prices climbed while Ecuadorian prices fell for a fourth week, with some packers in the latter stepping back from the market amid full inventories, according to Undercurrent’s...