A rise in US-sent canned tuna shipments was a turning point for Thai packers last year, who saw their business increase in a market that has shown dramatically fading demand for canned tuna...
Tuna Trade News
Princes “On Track” For 100% Responsibly Sourced Next Year
One of the UK’s leading tuna brands, Mitsubishi owned Princes, has announced that as of December 2017, 90 percent of its tuna was sourced from either MSC fisheries, from FIPs, or it was fully...
EU Needs Evidence To Investigate Illegal Bluefin Trade
The Spanish Member of Parliament (MEP) that alerted the European Commission on alleged illegal bluefin trade in Malta, has expressed her discontent with the EC’s decision not to investigate...
Gap Widens Between Manta & BKK Skipjack Deals
The difference between the latest skipjack prices concluded in Ecuador’s tuna hub of Manta, and Thailand’s capital of Bangkok, has grown compared to late last year. After prices being almost...
Grupomar’s Biggest Bets Are On Middle East Expansion
Mexican tuna firm Grupomar is betting on the Middle East for its biggest chance to boost sales, and believes its halal certified tuna will help it reach a larger customer base. Grupomar...
Trump More Optimistic: NAFTA Talks Going “Pretty Well”
US president Trump has described the most recent NAFTA talks as going “pretty well”, showing considerably more optimism for a continuation of the trade deal. Previous comments from the US side...
UK Fresh & Frozen Tuna Bucks Downward Trend
Fresh and frozen tuna products are growing in popularity among consumers in the UK, when the opposite trend has been witnessed across the seafood category overall. In a market where demand for...
Albertsons Adds Sushi To Seafood Sourcing Pledge, Still No Canned
US retailer Albertsons has announced that it is including sushi products, such as tuna, in its responsible seafood pledge, but still gives itself another four years to reach its goal. While...
Brands Should Target Wealthy Consumers For Middle East Expansion
The Middle East region has been seen as having good potential for tuna companies wanting to expand their business, as demand for canned tuna in the densely populated Arab world has shown...
Princes & John West Canneries Face Headwinds In UK
Business between the processing plants of the leading UK canned tuna brands, and UK buyers, was notably reduced in the first three quarters of 2017, at a time when canned tuna imports were...
The Full Extent Of Thai Canners’ Tough 2017
The Thai Tuna Industry Association (TTIA) has already branded 2017 as one of the toughest years for the nation’s canners, and full year export stats support this statement. Over the 12 month...
US Foodservice Giants Join Price Fixing Complainants
Major US foodservice distributors, Sysco Corp. and US Foods Inc. are the latest to file complaints in the tuna price fixing scandal, accusing the Big 3 and their parent firms of conspiring to...
Sharp Decline In UK 2017 Canned Tuna Consumption
UK retail sales of ambient tuna products saw a significant volume drop last year, following an overall trend of declining seafood purchases in the country, believed to be partly due to high...
Thai Union’s Stock “Top Pick” For 2018
Thai Union’s listed stock is branded the “top pick” in the “food space” for 2018, by major Thai analyst firm, Bualuang Securities, which expects a strong rebound for the company’s second...
EU & Indonesia Free Trade Deal Next Year?
With the third round of negotiations now in the bag, discussions for a potential Free Trade Agreement (FTA) between the EU and Indonesia are progressing well, indicating the possibility for a...
Amazon Boosts Shelf-Stable Sales After Whole Foods Buy
Ecommerce giant Amazon increased its sales in the US by nearly 60 percent last year, driven significantly by its 2017 acquisition of brick and mortar supermarket chain Whole Foods....
Growing German Market Covered By Filipino FAD-Free
German buyers notably increased their canned tuna purchases last year, and Filipino processors fulfilled a large chunk of the bigger demand, offering CFR prices that strongly outcompeted most...
High Speed Exhaustion Of EU Loins Quota
The EU pre-cooked tuna loins duty free quota was exhausted in a matter of days, the European Commission has confirmed, seeing thousands of tons of tuna reach European canners at the start of...
Spain’s Innovation Focus Drives Strong EU Trade Boost
With a target to advance their international market presence, Spanish canners have substantially boosted their exports to other EU markets, with nearly a 30 percent increase achieved. ...
Phil Canners Sacrifice Margins To Secure EU Business
Canners in the Philippines have positioned their prices well below other major EU canned tuna suppliers, seeing them gain a stronger foothold in the market, which sources have put down to the...