Newsletter 1 July 2021

SEAFOOD MARKET NEWS

TBESFOOD NEWSLETTER, JUL 2021

Email: export@tbesfood.com

ASC’s new feed standard helps tackle seafood industry’s one of the biggest issues

  • On Jun 15th, ASC developed a new feed standard requiring feed mills to source ingredients from socially responsible suppliers; and use environmental raw materials.
  • It aims to tackle “unsustainable and irresponsible practices across the aquaculture feed supply chain
  • Manufacturers have 14 months to familiarise themselves with the standard and prepare for the certification. Read more.

China suspends imports from 2 Ecuadorian sellers again

  • According to GACC, on Jun 18th, China halted imports from Omarsa – one of the biggest shrimp processing firms in Ecuador for a week. Another firm faces a 4-week suspension from Chinese authorities.
  • This is because Coronavirus axit nucleic test results on samples from both inside and outside of their Litopenaeus vannamei’s packaging were positive.

Pollock prices to rise further as Russia faces supply, China export issues

  • According to experts in NASF, pollock prices in Russia will continue to rise till the end of this year as shortage in supply from both Russia and the U.S can not meet rising demand. In April, Russian production slowed down with a 13% decrease (137,000 tonnes).
  • Factories in China also have inadequate raw materials, while there’s a scarcity in Europe and American markets.
  • Besides, shipping is still a challenge because most companies worldwide are full of inventories.


UK post-Brexit exports to EU dropped by 47%

  • According to Eurostat, EU imports from Britain dropped 47% year-on-year in Jan-Feb to €16.6 billion. The reason is that firms struggle with new practices post-Brexit.
  • In the first quarter of 2021, Britain sold to EU GBP 44 million seafood in value, while the figures for 2020 and 2019 were 83,2 million and 91.2 million, respectively.
  • UK’s Government Spokesperson said to BBC that as per data released by Office for National Statistics, its exports to EU in March and April have exceeded the average of 2020. 

Japan’s fisheries white paper reviews 2020, sets 2021 policy priorities

  • Japanese eat more seafood because of health benefits and eat less due to high prices. They also become more aware of food safety and sustainable aquaculture.
  • Regarding domestic supply, production volumes declined, though the value increased.
  • Regarding policies for 2021, more and better stock estimates will be required. Read more

 

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Email: export@tbesfood.com

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