With no significant increase in raw material skipjack supply reaching Bangkok on carriers, the price in the Thai capital has inched up again, with another USD 50 per ton being paid by packers....
Trade
Govt. Urged To Save Venezuelan Tuna Sector From Breaking Point
The production of canned tuna in Venezuela has hit one of its lowest points of the last 20 years, as the ongoing economic crisis has obstructed processors’ access to raw material. A...
Italian Brand Fools Consumers With Tuna Energy Drink
Tuna companies are constantly adding new products to their portfolios, with innovative flavors and formats being introduced at a rapid pace to attract more consumers. One brand that looked...
French Shrimp Processor Hits Market With MSC Albacore
French seafood processor Escal is launching a new range of premium frozen seafood steaks, which includes an MSC certified albacore product. The firm, which concentrates mostly on frozen shrimp...
Another Year Wait For Vietnam/EU Free Trade?
There were expectations in the industry that 2018 could be the year Vietnamese tuna processors would have import tariffs slashed in the European market. However, with several months now...
Continued Growth Expected For Thai Tuna Pet Food
Thai exports of pet food containing tuna showed a positive upturn last year, with market analysts expecting this trend to continue in the foreseeable future. The US was especially profitable...
Century’s Profits Dip, But Market Shares “Solidify”
The Philippines’ leading tuna canner, Century Pacific, took a slight hit to its profits last year, but believes despite challenges, business went “relatively well”. Thanks to taking a more...
Fishing Conditions Crucial For Sapmer’s Profitability
French tuna fishing firm Sapmer saw its net profit increase substantially in 2017. The combination of fishing conditions with market prices plays a crucial role in the company’s profitability....
‘Tuny Sport’ Aimed At Athletes Hits The Shelves
Mexican tuna processor, Grupomar, has created a new ‘Tuny Sport’ product which aims to target athletes. According to the firm, the tuna is said to have additional vitamins, minerals and amino...
Prices Steer Venezuelans Away From Tuna For Holy Week
Prices of fish in Venezuela have reached a level so high during the recession that it makes it difficult for consumers to stick to their religious traditions during lent and holy week, when it...
Colombian Canners Increase Business With Premium EU Market
Colombian exporters significantly boosted their trade to Europe last year, with Italy by far being the main destination for Colombian canned tuna. Last year marked the first in which a Free...
P&L Price Premiums Shrinking, Competition From FAD-Free
The prices being paid in Bangkok for skipjack tuna with different sustainability claims are moving closer than seen before. The latest deals for both FAD-free and pole and line tuna, without...
Sainsbury’s Leaves “Pole & Line Cage”, Introduces FAD-Free
The UK’s second biggest supermarket chain, Sainsbury’s, has introduced FAD-free canned tuna products to its private label range this week. This sees the retailer, which was previously...
Bangkok Price Up $100 For W/R Skipjack
As demand from Bangkok tuna canners has shown some strengthening in recent weeks, but supply arriving on carriers continues to be limited, the price for frozen whole round skipjack (1.8kg and...
Princes Flexes Between “Make Or Buy” To Secure Best Prices
Princes will continue to “flex” in regards to its purchasing behavior, which has created significant shifts in the origin of imports on the UK market. Ecuadorian canners have gained...
Chinese Ecommerce Giant Commits To Promoting MSC
Chinese online ecommerce giant JD.com has announced that it will make efforts to educate Chinese consumers on the work of the Marine Stewardship Council (MSC), to promote increased sustainable...
US Single-Duty Quota To Rise For First Time In Years?
The US single-duty canned tuna quota was oversubscribed at the time of opening once again this year, but market data suggests that increased volumes will be let through at the reduced tariff...
Can ‘Cold Smoked Tuna’ Attract Salmon Consumers?
A cold smoked tuna product has hit the shelves in Lidl stores around the Netherlands under the supermarket’s own brand ‘Deluxe’. The product is cold smoked, a process typically associated with...
New Deal Gives Ecuador Even More Duty-Free Catch
The Ecuadorian government has recently signed deals with nearby nations Nicaragua and El Salvador, which will allow canners in the country to get their hands on even more tuna that qualifies...
Is PNG’s Direct EU Trade About To Surge?
While PNG based canners send notable volumes of canned tuna to the EU market, considering the richness of the tuna resource on their doorstep and agreements they have with the bloc, trade is...