Global retailers including UK grocers such as Tesco and Asda are looking towards a new online platform, RangeMe, to source their products. Canned tuna companies can also use this network...
Trade
EU Processors Taking In Less WR Tuna, But More Loins
Imports of frozen whole round tuna to the EU have been dropping with the arrivals reaching the lowest level in the last five years. Meanwhile, the canning industry bought record-high levels of...
Poll: What Price Will Retail Canned Tuna Be In 2022?
The canned tuna industry has been having a hard time this year. Processors have been faced with high expenses from freight costs to other commodities such as steel and vegetable oils. These...
Albacore WR Imports Down In The EU, Indonesia Supply Strongly Up
The demand for frozen whole round albacore slightly softened among EU processors during the first three quarters (Q3) of the year. Similarly, the average price per ton of the product also...
Readers: UK Retailers Let Go Ethical Standard For Low Price
In the UK market, a canned tuna price war is taking place between retail market leaders and the discounter Aldi. So, while supermarkets are very outspoken about improving the management of the...
Venezuelan’s President Front Man Laundered Millions Of Dollars Via Canned Tuna Imports
A member of the National Assembly of Ecuador has stated that Alex Saab laundered around USD 300 million for Venezuelan President Nicolas Maduro through imports such as canned tuna from...
Omicron Pushes WTO Negotiations On Harmful Fisheries Subsidies To 2022
Negotiations on harmful fisheries subsidies by the World Trade Organization (WTO) have been postponed until next year. The 12th Ministerial Conference (MC12) which was to take place in...
EU Bought Less WR Tuna In Q3, Philippines Business Almost Completely Disappeared
The amount of frozen whole round tuna delivered to the EU during the first three quarters (Q3) of the year was the lowest in five years. The extremely poor yellowfin deliveries pushed down the...
Vietnam Tuna Shipments To The Middle East On The Rise
The volume of tuna being shipped to the Middle East from Vietnam has strongly increased and is positioned as a bright prospect for future trades. According to the Vietnam Association of...
Stock Exchanges Make No Effort To Detect IUU Fishing By Listed Firms
The non-profit financial think tank, Planet Tracker, recently released a report that claims that some publicly listed companies undertake IUU fishing. It also states that a number of the...
Subway Wants Plaintiffs Penalized For “Irresponsible” Tuna Lawsuit
Subway has once again asked a Californian federal court to throw out a lawsuit alleging that it is misleading customers about the tuna in its sandwiches. The fast-food chain argued that...
Ecuador Closing New Deals To Expand Tuna Industry’s Reach
The world's second-largest canned tuna exporter continues its plans to expand the reach of its product. Thus, Ecuador is preparing to close around 10 tuna trade agreements with nations in the...
Most EU Producers Ordered More Imported Loins
The EU intake of pre-cooked loins has stayed stable up to the third quarter (Q3) of the year, compared to the same period in 2020. Almost all imports were delivered directly to canned tuna...
EU Canners Purchase Q3 Record Quantity Of Pre-Cooked Loins
By the end of the first half of 2021, European imports of tuna pre-cooked loins were at a year-on-year low. However, third quarter's end (Q3), demand recovered and moved to a slightly higher...
GDST Expands In Members But No Data Exchange Yet
Since the Global Dialogue on Seafood Traceability (GDST) launched its first version of global standards for tracking seafood products from net to shelf, 105 companies and organizations have...
Processors Say Empty Cans Cost More Than Ever, Price Rise Inevitable
Empty cans are more expensive than ever for tuna processors who are already facing record commodity costs for vegetable oils (which are at an all-time 20-year high), as well as freight rates....
Poll: Does Canned Tuna Price War Leave Room For Ethical Standards?
In the UK market, a canned tuna price war is going on between market leaders Tesco and Sainsbury’s against hard discounter Aldi. The first two have priced their canned tuna at GBP 0.59...
WTO Still Debating Forced Labor Issue
This week, negotiators at the World Trade Organization’s (WTO) 12th Ministerial Conference are discussing the latest draft text regarding harmful fisheries subsidies which was submitted on...
How Heavy Do Ethical Demands Weigh In A Canned Tuna Price War?
The UK’s market is currently experiencing an open war between retailers on canned tuna. Market leaders Tesco and Sainsbury’s are fighting discounter Aldi’s super low prices by matching...
High French Trade Activity Dominates European Market
The volume of imported canned tuna in the EU was at almost the same level as last year, but trading dynamics within the bloc changed slightly. French importers were very active, making them...