The year started with a one-fifth drop in canned tuna demand from EU countries. The price uptick might have cooled off the buying interest of EU traders and retailers. In the first three...
Trade
Alliance Select Holds Hope For Turnaround, Q1 Disappoints
After massive losses reported for 2022, Philippines tuna processor Alliance Select Foods International expects a turnaround this year. However, the outlook is poor as it closed the first three...
Maldives Making Headway On EU Free Trade Deal
The government of the Maldives is adamant about getting its tuna products into the EU duty-free. Last week, officials from the island nation were in Brussels discussing concrete steps that...
Registration Is Open For The Eighth Pacific Tuna Forum
Tuna stakeholders will gather in Port Moresby, Papua New Guinea, on September 6 and 7 for the 8th Pacific Tuna Forum (PTF) to meet and network on matters concerning Pacific tuna and WCPO...
US Sentences Mexican Tuna Businessman To 13 Years In Prison
A 61-year-old Mexican businessman Jamie Antonio Mandujano Eudave, who carried out illegal activities under his fake tuna company ‘Atuneros Unidos de California’, was sentenced to 13 years in...
Walmart Pledges Enhanced Transparency In Tuna Sourcing Policy
Walmart and its club store arm, Sam's Club, announced stronger standards aimed at improving transparency and data gathering in the tuna supply chain by 2027, especially that of albacore from...
Dongwon Buyers Get Less Tuna For The Same Price
Dongwon Food & Beverage announced that the can of ‘Dongwon Tuna Light’ sold in South Korean convenience stores will be reduced from 100 g to 90 g net weight, but the price will remain the...
Anfaco Says Competitive Equilibrium In EU Tuna Sector Needs Rethinking
The declining canned tuna consumption in Spain and Europe’s talks with Thailand are worrying Roberto Alonso, and he wants a “level playing field” for the tuna canning sector. A man who wears...
Decline In WCPO Yellowfin Bycatch Plunges Q1 Thai Imports
Thai canners imported one-third less unsorted yellowfin raw material in the first quarter of the year and the total business amounted to USD 43.29 million. The large drop was caused by lower...
Bumble Bee Bets On New MSC Line Of Yellowfin And Albacore Products
Bumble Bee is expanding its premium range of yellowfin cans and pouches with new flavors under the Prime line and is also introducing MSC tuna to several items. It has launched 12 new...
Credit Suisse Complains Facing Unfair Trial In Tuna Bonds Lawsuit
Credit Suisse has complained in the London High Court that it will not face a fair trial if Mozambique does not disclose government documents related to the USD 2 billion scandal that...
Atuna Index Bullish As World Food Prices Fall
During the last 12 months, prices of the main global food commodities that are traded or being sold at the end market have gradually been declining. Meanwhile, the tuna raw material price has...
Next Bangkok Tuna Conference Scheduled For May 2024
The 18th edition of the Infofish World Tuna Trade Conference and Exhibition will be held next year in Bangkok from May 20 to 22 at the Shangri-La Hotel. The organizer, InfoFish, has decided to...
Inflation Pushes Grupo Calvo’s Turnover 2022 Up, But Profit Shrinks
The Spanish firm Grupo Calvo has reported a strong turnover growth in 2022 of almost one-quarter more than the previous year. This was a direct consequence of all the business’ final products'...
Thai Processors Increased WR Skipjack Intake In Q1
Thai processors increased their skipjack intake in the year's first quarter, bringing the business to USD 217.86 million. It was the second-highest volume they imported in the past five years....
Conservas Garavilla Raises MSC Share To 24% Of Tuna Sales
Around one-quarter of the tuna raw material used by Spanish processor Conservas Garavilla in 2022 came from an MSC-certified fishery. More than half of the annual raw material supply was...
Bangkok Skipjack Trading In Doldrums, Slight Rise In Price
The price for skipjack in benchmark processing hub Bangkok has increased slightly and trading continues to be sluggish. Just over a week after Atuna reported that frozen whole rounds were sold...
Thai Canners Q1 WR Trade Stable, Business With IO Seiners Nosedived
Thailand’s canneries bought nearly the same volume of frozen whole round tuna in the first three months of the year compared to 2022. The Maldives, Taiwan, Korea, and Nauru fleets made up for...
Will American Canned Tuna Consumption Recover From 2021 Drop?
The recently published National Fisheries Institute (NFI) report indicated that US canned tuna consumption fell drastically by 27 percent despite the product being the third most-eaten seafood...
Thai Pet Food Business Collapsed In Q1
Pet food business for Thai processors had an abysmal start to the year and their earnings plunged by USD 51.67 million in Q1 2023. A combination of buyer resistance, drop in byproduct, and...