A bill that would have made it a legal requirement to note the ‘common’ name for species of tuna on cans and frozen/fresh seafood products in California has now been vetoed against by Governor...
Trade
TUF Reaches Dow Jones Sustainability Index 2 Years Early
Thai Union Frozen Products (TUF), one of the world’s largest tuna processors, has been announced as the first Thai company in the global food category to be selected for the Dow Jones...
“Final Text Ecuador – EU Agreement Due Later This Year”
After four years of ongoing negotiations, the final version of the trade agreement between Ecuador and the EU will only be ready in the late part of this year, Ecuadorian officials have...
Waitrose: MSC Boosted Our Sales By 40 Percent
In March 2013, major ‘premium’ UK supermarket chain, Waitrose, announced a big switch – its entire range of canned tuna would carry the MSC logo. Since the promise, the MSC blue tick has been...
Is New York City Going To Ban Bluefin At Sushi Bars?
New York City council has introduced a measure this week that would ban all products sold as bluefin tuna, in a bid to support the conservation of bluefin populations. NYC council member, Alan...
100 Year Old Tuna Company Continues To Innovate
Centenary Italian tuna processing company, Callipo, has recently launched two new glass jar ranges among its yellowfin tuna products. The first new range, “Per Primi,” essentially means “for...
For How Long Will Skipjack Price Decline? What Did You Think?
Atuna.com members did not share a clear common mood and outlook when it comes to where the skipjack price is expected to go. In the most recent atuna.com homepage poll, votes were weighing...
Do Aussies Rate Aldi “Brands” Better Than Private Label?
It appears that Aldi’s discounted price products are attracting Australian consumers that wouldn’t normally buy supermarket private labels. Sue Mitchell, of the Australian Financial Review,...
California Approves Bill To Put Species On Tuna Can
The California State Senate has finally approved a bill that aims to confront the issue of mislabeling on tuna products, and makes it a legal requirement to note the species of tuna on cans...
Analysts Project Skipjack Within $1,400-1,600 Range
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...
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....