Nearly a 20 percent decline was seen in EU imports of canned tuna supplied by Thai processors in the first four months of the year, adding pressure to canners that already saw a quarter of...
Tuna Trade News
Thai Union Cuts Down Ambitious 2017 Sales Target
Thai Union has lowered its earlier ambitious 15 percent sales growth target for the year, down to an undisclosed single figure, in an environment it states is presenting economic and political...
Rising Global Protectionism Clouds Tuna Investment Picture
The rise of protectionism in the West has got Asian companies looking homeward when it comes to building on their business. Thai Union, just one example, states that in other regions, the...
Industry Disappointed Over JD.com Axing Bluefin
The decision of one of China’s biggest online retailers, JD.com, to delist Australian Southern bluefin tuna just days after it was first advertised for sale, has created strong reactions from...
Ecuador’s Canners Face Fierce Competition In EU
Tuna canners in Ecuador are feeling the heat of the competition in the EU market, as they lose a considerable chunk of their business with buyers in the bloc. Aggressive pricing from Asian...
Canners Take A Breath Amid Rising SKJ Prices
While skipjack prices still remain at highly elevated levels in Bangkok, there has been little change in the market in the last days, as sources explain that some packers have been able to...
Frozen Tuna Sales Climb Back In UK Easter Time
Frozen tuna sales during the UK Easter period have shown a solid recovery year on year, as shoppers tend to eat less meat, and make fish the more common center of their meals. While the boost...
Mareblu Targets Double Digit Growth In Italy
The second biggest tuna brand in the Italian market, Thai Union-owned Mareblu is targeting a sales growth of 10 percent this year by offering more value added tuna products to consumers....
Strong Italian Demand Outperforms Other EU Markets
Of all major EU canned tuna markets, buyers in Italy are showing the strongest growing demand for imports of this product, as they up their purchases distinctly from last year. In 2017’s first...
Tesco Launches First Own-Brand MSC Tuna Cans
The UK’s biggest retailer, Tesco, has stepped up on its sustainable tuna sourcing and has recently brought out its first range of private label MSC certified canned tuna. Although the...
Phil Canners Most Competitive In EU Market
A weakening of the local peso exchange has significantly boosted the competiveness of canned tuna sold by Philippine processors to EU buyers, reflected in a sharp rise in shipped volumes....
Sainsbury’s & Tesco Winners In MSC UK Prize-Giving
The recent Marine Stewardship Council (MSC) annual awards in the UK have seen prizes given to the country’s top retailers Sainsbury’s and Tesco. The recognitions reflect efforts made in terms...
Bullish Century Stock Hits Sky-High Record
Strong investor confidence in Century Pacific’s stock is extremely evident, as the per-share price enters brand new territory, at the highest level by far since the company’s 2014 listing....
Japanese Trade Deal: No Big Win For EU Tuna Buyers
As the EU and Japan reach the final stages in securing a bilateral Economic Partnership Agreement (EPA), which will remove up to EUR 1 billion (USD 1.1 billion) per year in EU import tariffs,...
US Sushi Lovers Have To Pay Big Prices For Tuna Roll
As worldwide demand for the Japanese delicacy booms, US sushi lovers have to be prepared to pay out much higher prices for this popular meal, of which tuna is a common ingredient, as prices...
Chicken Salad Or Tuna Salad?
Chicken salads have been recalled from Whole Foods stores in the US, as it has been discovered that they in fact contained tuna instead of chicken. Nearly 200 kilos of “buffalo style...
Century Expects Strong Growth Despite Higher Raw Mat Prices
The Philippines’ largest canned tuna company, Century Pacific Food, Inc. (CNPF) has confidence that it will keep seeing double digit growth in the coming months, despite some challenges...
StarKist 100 Years In Business Celebrations, At Time Of Crisis
StarKist, founded in 1917 as the French Sardine Company, is celebrating its 100th year of existence. First marketing tuna under the StarKist brand in 1942, the firm has grown to command...
Spanish Economic Recovery Drives Tuna Innovations
More investments need to be made on innovative and value added tuna products in Spain, one industry expert states. This is something Spanish brands claim to already be working on, with top...
Guilty Plea From StarKist Exec In Price Fixing Case
After facing charges last month, former StarKist employee, Stephen Hodge, has now pleaded guilty for the role he played in conspiracy to fix prices of shelf-stable tuna on the US market, and...