The ATUNA team would like to wish you a Merry Christmas and a Happy New Year, with all the best wishes for 2018! During the festive period we are taking a short break, and our offices will be...
Tuna Trade News
“Deflationary Pressures” Hit UK Importer’s Top Profits
UK tuna importing firm, Lovering Foods, has witnessed a notable profit drop for the latest financial year. In 2015 the firm was named on the Sunday Times Profit Track 100 list, branding it one...
US Fraud/IUU Rules Start With Relaxed Enforcement
Tuna buyers in the US market are getting ready for the implementation of the government’s Seafood Import Monitoring Program (SIMP), which will come into force in under two weeks. However, the...
Grupomar Eager For Slashed EU Tuna Tariffs
Major Mexican tuna industry player, Grupomar, is keen to see the successful conclusion of a Free Trade Agreement (FTA) between Mexico and the EU, stating the industry has suffered a lot, and...
Booming US Bonito Imports, NOAA Remains Silent
Over the last couple of months, imports of canned tuna-like species into the US have reached their highest volumes yet. Vietnamese firms have now also emerged as big suppliers and there is...
Inventory Reduction Sees BKK SKJ Price Tumble
The current reduced demand seen from Thai packers is reflective of the usual end of year trend, when canners commonly lower their dry and frozen storage inventories before they close their...
Claims Against Big 3 Collusion Keep Piling Up
With yet another civil complaint filed in the price fixing saga, the latest plaintiffs point out that while canned tuna demand has been falling in the US market, dollar sales have climbed...
Ecuador’s Tuna Sector Biggest Winner From FTA
Tuna processors in Ecuador are named as one of the biggest winners when it comes to boosted business since the signing of a Free Trade Agreement (FTA) with the EU and two neighboring nations....
EU Agrees To Restart Free Trade Talks With Thailand
The European Commission has agreed to resume political contact at all levels with Thailand, including opening the possibility for restarted Free Trade Agreement (FTA) talks with the Asian...
The US Canned Tuna Market: An Oligopoly?
The US price fixing scandal has shown how the canned tuna market in the country is an “oligopoly”, with the Big 3 brands dominating the concentrated market, according to a lawyer deeply...
The US Canned Tuna Market: An Oligopoly?
The US price fixing scandal has shown how the canned tuna market in the country is an “oligopoly”, with the Big 3 brands dominating the concentrated market, according to a lawyer deeply...
Target Buys Same-Day Delivery Service For $500M
One of the largest retailers in the US, Target, has bought the Alabama-based delivery startup Shipt for USD 500 million. The acquisition is hoped to strengthen the competitiveness of the...
Did Bangkok Face Raw Material Shortage This Year?
For several months of this year, WCPO boatowners reported very low catch rates and less raw material volume was heading to Bangkok. But did this mean Thai canners faced a supply shortage?...
Vietnam’s Processors Outperform 2017 Target
Tuna exporters in Vietnam have already outperformed the value goal set for their full-year 2017 shipments, having hit over USD 540 million by November. While high tuna prices will have had a...
What Holds Phil Canners Back From Bigger EU Business?
When the Philippines gained GSP+ status at the start of 2015, granting it zero duty trade with EU buyers, there was expectation from many that the nation’s processors would see strong and...
Tesco Quiet On Sustainable Tuna Goal
With UK retailer Waitrose recently announcing it has met its sustainable tuna sourcing deadline, market leader, Tesco, which has made similar commitments, is giving no more detail on how it is...
Dongwon: Korea’s Biggest Winner From US Tax Cut
Dongwon Industries is projected to be the company with the biggest financial gain in South Korea, if the US cuts the federal corporate tax rate, as planned by President Trump. With major US...
The Main Challenge For Family-Run Firms
Family-run companies are not uncommon in the tuna business, and many of these ventures have shown significant success. But there is one major challenge these firms should be prepared for,...
Surging Popularity Of Raw Tuna Dish In US
Although the traditional Hawaiian tuna poke has been around for a long time, it is only recently that the fresh and versatile dish has become mainstream all over the US, having shown rapid...
Growing Ecuadorian Dominance In US Pouch Segment
While sending extremely modest canned tuna tonnages to US buyers, Ecuadorian processors have managed to increase their already dominant exports of pouched tuna references to the major market....