Trade

Market Sentiment Drives Up SKJ1.8:BKK

Skipjack prices have climbed in the Bangkok processing hubs in recent weeks due to pressure from market expectations of poor raw material supply. Atuna has been told buyers and sellers are...

Germans Increased Canned Tuna Imports In Q1

The German market was one of the largest importers of canned tuna in Europe in Q1 2024. Brands, retailers, and traders increased their intake by 12 percent compared to last year and they...

Manta Skipjack Price Depressed By Large Supply

The skipjack trading price in the Manta processing hub is  under pressure because of the continuing high volumes landing at the port. Sources have told Atuna that skipjack prices are falling,...

Major Global Highlights May 2024

In May, skipjack price and trade picked up in Bangkok. The IOTC annual meeting concluded with critical progress on skipjack and IUU fishing. Global tuna stakeholders gathered in Bangkok for...

US Canned Tuna Imports Fell Slightly In Early 2024

US canned tuna imports contracted slightly in the first quarter of this year with the total business amounting to USD 143.85 million. American retailers and traders cut back on their shipments...

Thai Union Shoots Down Red Lobster’s Claims

Thai Union Group has called US restaurant chain Red Lobster’s allegations “meritless.” The former Thai Union subsidiary filed for a Chapter 11 in a US Florida bankruptcy Court and accused its...

WTO To Tighten Grip On Illicit Tuna & Seafood Fraud

Annually billions of dollars are lost in world trade due to food fraud and illegal practices, according to the World Trade Organization (WTO). On Tuesday, it released the ‘Illicit Trade in...

Actemsa Staring Down The Barrel Of Bankruptcy

Spanish tuna loins producer Actemsa will most probably be forced to go bankrupt. Creditors submitted a request to the Galician Commercial Court for “necessary bankruptcy” of Actemsa. The loins...

Lucrative Thai Pet Food Exports Rose Sharply In Q1

Thai pet food sales picked up by three-fourths in the first three months of 2024. After a collapse last year, it returned to 2022 levels at an average price higher than what was invoiced for...

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