US reciprocal tariffs will begin on August 1, but only a handful of countries have made agreements with Washington, and officials are still hammering out the details of these deals....
Trade
Is NewPrinces Preparing For London Stock Exchange Listing?
The NewPrinces Group is aiming for a GBP 700 million (USD 947.81 million) London Stock Exchange listing by mid-October. The food and beverage organization sells a wide range of ambient tuna...
China To Get A New Tuna Processing Plant
Chinese seafood processing firm Guangdong Eagle Coin Haibao Foods Co. Ltd. has plans to expand the manufacture of its tuna products. It will join hands with one of its cooperative companies to...
Thailand Cannot Afford To Give Zero Percent Duty On All US Goods
The deadline for US to enforce its reciprocal tariffs is nearing and Thailand is still facing a 36 percent extra levy on its tuna products and other goods imported into the American market....
Manta Price Reacts As Processors Anticipate EPO Veda
Manta processors are gearing up for a low supply of fish, due to the veda in two weeks. Skipjack catches have dropped, but the fish size seiners are catching in the EPO is mostly large....
Chinese Pre-Cooked Loins Trade With EU Growing Exponentially
China has emerged as the largest seller of pre-cooked loins to the EU in the first quarter of 2025, which was a five-year peak. Spain bought the most skipjack loins from the Asian processors,...
Readers: Thailand Will Succeed In Securing Deal With US
Uncertainty looms over the fate of Thai canned tuna trade to the US, as exports from the Asian nation faces an extra 36 percent in reciprocal tariffs next month. Earlier this month, US...
EU Processors Increased Demand For Skipjack Loins
EU canned tuna processors significantly raised their purchases of frozen pre-cooked loins in Q1 2025. China’s skipjack loins were in high demand but other suppliers also expanded business with...
Jealsa’s Business On Excellent Trajectory, 2024 Closed With High Revenue
Spanish tuna processing market leader Jealsa reported that it closed its 2024 financial year with a high turnover. The bulk of sales came from European markets, said the company. In 2024,...
Non-EU-Flagged Vessels’ Skipjack WR Export To The Bloc Witnessed Setback
The imports of frozen whole round skipjack into the EU dropped drastically in the first quarter of 2025. Seychelles-flagged seiners were the major suppliers of the product to EU processors....
Maldives-China Tuna Trade Moving At Snail’s Pace
Earlier this year, China and the Maldives entered into a Free Trade Agreement (FTA), under which the latter can export tuna products to the the Asian nation duty-free. However, Maldivian...
Bangkok Skipjack Price Inches Upward Amid Tariff Concerns
There was a slight uptick in skipjack price for frozen whole rounds in Bangkok. Demand and supply in this market remain low and in balance. Thai processors are taking a wait-and-see approach...
Indonesia Strikes Deal With US For Reduced Tariff Rate
Indonesia has reached a deal with the US regarding the reciprocal tariffs, reducing the rate from the initial 32 percent to 19 percent. In exchange, US President Donald Trump stated that this...
Stockpiling Kept US Ambient Tuna Prices From Soaring
Prices for basic goods in the US remained relatively stable in June with the consumer price index (CPI) rising marginally by 0.3 percent from May. Ambient tuna prices rose only by a minor...
Dongwon Group Aims To Invest More In Senegal’s Tuna Sector
A delegation from South Korean Dongwon Group met with Senegal officials last week to discuss about boosting investments to scale up tuna processing in the African nation. Dongwon Group...
European Buyers’ Preference For Asian Canned Tuna Saw An Uptick
European brands, retailers, and traders increased their imports of canned tuna from Asia in the first three months of this year. Germany, the Netherlands, and Spain were the top buyers. Atuna...
CNFC Forecasts Profits In H1 Despite Poor Q1 Results
State-owned deep-sea tuna fishing company China National Fisheries Corporation (CNFC) Overseas Fisheries recently announced its forecast for the January to June period. It expects an increase...
The Exponential Growth Of The French Tuna Market
Pierre Commère, Executive Director for the Fish Industry at Federation of Preserved Food Industries (FIAC) underlined that canned tuna consumption has grown exponentially over the years in...
EU Processors’ Frozen WR Albacore Buying Hit 5-Year-High
The imports of whole round frozen albacore into the EU market grew remarkably in the first three months of 2025, with South Africa continuing to be the largest seller of the product, followed...
Trump Slaps 30 Percent Tariff On Mexican Canned Tuna
Over the weekend, US President Donald Trump sent letters to Mexico and the EU stating that goods imported from these regions would be levied an extra 30 percent from August 1. This will be a...