Thai analysts aren’t expecting big movements in raw material skipjack price, predicting it to remain in the USD 1,400-1,600 range for the rest of the year. Bualuang Securities note that the...
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Skipjack Price In Bangkok On Declining Slope
After a slow and steady climb of the Bangkok skipjack price since lows in early April, last week’s prices substantially weakened in the market. Good fishing and a lack of demand are the...
America’s Dying Appetite For Canned Tuna
It’s become increasingly evident that the demand for canned tuna in the United States is falling short of previous levels. As US imports for the product dropped to seven year lows last year,...
Bali Tuna Exports Surge In 2014
Bali’s tuna exports have grown 40.58 percent in just the first five months of 2014. According to data from the Department of Industry and Trade of the Province of Bali, volumes of whole round...
TUF Tuna Shares Struggle To Sustain Strength
It’s been a dynamic few weeks for Thai Union’s share price, with shooting climbs followed by immediate falls. Following a common closing price of THB 66.00 (USD 2.04) in early July, several...
Isabel Launches Tuna Salad Bowls In US Market
Spanish food company, Garavilla, is launching its Tuna Salad Bowl range all across American retail stores; the first steps for Spain’s second largest canner in the US consumer market with its...
Higher Skipjack Prices Could Affect TUF Profit Forecast
TUF’s tuna business is expected to recover this year, but raw tuna prices are hitting an uptrend. Only if increases are not sharp and swift, the gross margin will remain relatively...
Philippines’ US Exports To Recover From 2013 Declines?
Based on current data from the NOAA, the Philippines may or may not see a recovery in its exports of canned tuna to the US this year, after a hard hitting fall in 2013. So far, the numbers...
BREAKING NEWS: Ecuador/EU Trade Deal Agreed
News just out suggests that Ecuador has agreed a trade deal with the European Union. Negotiations were completed today on an agreement that will eliminate tariffs for the majority of Ecuador’s...
TUF Wants To Increase Domestic Sales Channels
Thai Union (TUF) is planning on increasing provincial sales channels by capitalizing on shared marketing and distribution between its subsidiary companies, ‘SEALECT tuna’ and ‘Fisho’, which...
Is Vietnam Switching Its US Business To The EU?
The Vietnamese tuna industry will have quite some difficulty reaching its export goals for 2014, following recent declines in global tuna exports, one of the nation’s main seafood products....
Asda Tuna Sourcing Info A Puzzle For Consumers
In 2011, Asda, alongside UK canned tuna giant, Princes, was ranked at the bottom of the Greenpeace tinned tuna sustainability league table for the UK market. Since, Asda has been pressured to...
32.5 % Of Bonito Del Norte Is A Hoax
The contents of 32.5 percent of fresh and frozen Bonito Del Norte samples analyzed did not correspond to their label. Bonito Del Norte is the Spanish definition of northern Atlantic albacore...
How Tri Marine Is Trying To Penetrate The US Market
The world’s largest trader in tuna raw material is attempting to make bigger moves in the US tuna market, and reinvent the current character of this sector. Following reports that its...
Ecuador Is Still Zero Duty, Negotiations Restart
It’s a crucial looming decision that has got many in the tuna industry on the edge of their seats. What will be the final outcome of the free trade agreement negotiations between Ecuador and...
Will Ecuador Keep 0% Duty With EU? What Did You Think?
It’s a decision that has the potential to vigorously shake up the tuna industry. Final negotiations have begun and discussions are expected to close on a free trade agreement between Ecuador...
Heavy Penalties For Cocaine-Tuna Smugglers In Belgium
The criminal court of Bruges has recently convicted three defendants of a drug trafficking operation that happened in 2011 - two tuna containers hiding 155 Kg of uncut cocaine were seized by...
Thai Traders Planning Roadshow To Reassure Foreign Buyers
Thailand’s reputation has taken a bashing recently, with reports of political unrest and accusations of slave labor practices hitting the country hard. Fearing that repercussions could spread...
Would 0% Duty For Philippines Change Anything
As tuna processors and exporters in the Philippines push for zero percent duty tariff on their products imported into the European Union, the country’s tuna fleet is also under consideration...
Philippine Tuna Exports Value On The Rise
Reaching a total of USD 147 million from January to March this year, tuna exports value from the General Santos has risen a 3.98 percent from the same period in 2012. This is according to a...