Already speculated earlier in the case, more comments are now being aired that support Thai Union being a probable whistleblower in the US canned tuna price fixing scandal. The fact that...
Tuna Trade News
Thai Canners Need Govt. Help To Deal With Strong Baht
The Thai baht’s rising strength against the US dollar makes it the best performing currency in Asia this year, movement that is causing tuna canners in the country to fear foreign exchange...
Spanish Exports Thrive Off Canned Tuna Shipments
A recent recovery in Spanish canned tuna shipments, especially within the EU, has contributed to an overall boost in seafood exports from Spain, with tuna representing well over half of total...
Tough Times Ahead For UK Fresh Tuna Sales?
Even though the fresh tuna category has been growing in UK retail sales recently, a hit could be coming for the segment, as one source explains that high raw material prices are likely to...
More Markets Drive Vietnam’s Tuna Exports Upwards
Positive growth for Vietnamese tuna exports is continuing, with strong sales values recorded for the first half of the year. In addition to higher tuna prices likely pushing this upwards, an...
Australia’s Sustainable Demand Big Business For Thai Canners
Australia is one of the countries in the world with the highest share of MSC tuna sold, and the nation is a continually growing market for canners in Thailand. With Australian buyers being...
BKK Skipjack Market: Canners Shun Higher Prices
Despite attempts from suppliers to push prices modestly higher, the Bangkok whole round skipjack price remains steady, as packers refuse to conclude at the even further elevated levels. At USD...
Higher Raw Mat Prices Put Dent In Thai Union’s Profit
Thai Union has reported a modest sales increase for this year’s second quarter, but credits a weaker profit margin to high raw material tuna prices, particularly in the tuna business, along...
“Ready-To-Eat” Trend Sees Surge In Mexican Tuna Sales
Canned tuna sales in the Mexican market in the first four months of the year have shown a doubling in value compared to a decade ago, with the continued growth in value-added product presence...
Emergency Services Battle Fire At Famous Tsukiji Tuna Market
Fire broke out today at the bustling tuna market of Tsukiji in Japan’s capital, where emergency services have been working to settle the flames. The location in Tokyo is branded the world’s...
Bumble Bee Sold $1.3b In Tuna During Price Fixing Period
As Bumble Bee Foods pled guilty in federal court this week to violating the Sherman Act, and admitted to its role in conspiracy to fix prices of canned tuna, it was revealed that the firm made...
Tuna Consumers Saved By Scrapped Trump Border Tax?
The news that the President Trump proposed US border adjustment tax has been junked, will be welcomed by US retailers, who opposed the measure and said that American consumers would be the...
Mexico Hesitates On Imposing US Tuna Dispute Retaliation
The Mexican government is yet to begin levying import duty sanctions on goods imported from the US, as part of a retaliation measure granted following a two decade long dolphin-safe tuna...
High Tuna Prices Trouble Dongwon Profits
The food and beverage division of South Korean tuna market dominant Dongwon, has posted sharp net profit decline for the second quarter of the year. As well as underperformance of some of its...
How UK’s Biggest Brands Hope To Reignite Canned Tuna Sales
Despite a recent slump in sales of value added tuna products, the UK’s two biggest brands, John West and Princes, both agree that this is still a segment that has potential for growth and is...
Thai Canners See High Value Japanese Shipments Grow
Despite heavy volume losses in some major markets, Thai canners have boosted business with Japanese buyers, who pay out high prices for top quality product, as the nation’s own domestic...
Former Tri Marine Exec. Gets 5 Years Jail Time For Fraud
The former Managing Director and establisher of Tri Marine International Spain, has been handed five years in jail related to charges of misappropriation and for privately profiting millions...
Latin America New Target For Thai Canners
With losses recorded in canned tuna exports to the US, and reports that buying activity from the market is lifeless, it seems that Latin American nations, some in particular, could be the new...
Indonesian Canners See Struggling Start To 2017 EU Business
Although the government wants to boost tuna exports to major international markets like the EU, Indonesian processors witnessed a significant drop in their shipments to European buyers in the...
Spanish Firm Gets €200,000 Pay Out For Damaged Tuna
Spanish company Atunlo is getting paid nearly EUR 209,000 (USD 244,960) from its insurer after a batch of Mauritius-sent tuna was discovered to be damaged upon arrival in Spain. The firm sued...