Groundfish prices go up
The upward trend in Alaska pollack prices is impacting the world groundfish market. Decreasing catch quotas led to a 16% increase on prices during the first half of the year. Some producers are reporting a three fold increase in surimi raw material prices based on Alaska pollack and are looking for alternative species. Further price increases are likely for the second half of the year. Price trends in other frozen groundfish fillet segments are mixed, but as usual will follow the trend set by the Alaska pollack in due course.

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