“The market has a mind of its own.” These are the words of one tuna industry veteran who recalls the best advice he ever received. Atuna.com spoke to Bill Purcell, the President of Purcell...
Tuna Trade News
Third Largest Asian Tuna Supplier Seeking Zero Duty In EU
Another big Asian tuna producing nation is calling for major trading partners to lower import duties on its tuna and fishery products. Negotiations with the EU and Japan could be the first to...
“Retailers Will Only Innovate In Sustainable Tuna Products”
In a bid to meet increased consumer demand for MSC certified tuna, Netherlands based tuna trader Anova Seafood has innovated its product range, including a new variety of fresh/frozen MSC...
US Ports Suffocating With Congestion
Containers with tuna products are stacking up in US ports or staying on vessels too long. Key US industries are now warning about severe risks for the US economy, as West Coast ports continue...
Will TUF’s Bumble Bee Acquisition Be Blocked? What You Thought…
Mass media coverage was recently given to one significant company acquisition in the tuna industry; Thai Union, the world’s largest seafood processor initiated the acquisition of Bumble Bee...
Waitrose Introduces Jack Webster’s Albacore With A Tale
A fairly new Netherlands based brand is to introduce MSC albacore products through one of the UK’s most upmarket retailers. Waitrose, a major ‘premium’ UK supermarket chain, will be shelving...
Bangkok Skipjack: Laying Low
A flat trend has hit the global benchmark market for skipjack, as prices in Bangkok stay static since the first week of December, at their lowest level since May last year. Low demand...
World’s Biggest Trade Talks Hit Obstruction
EU/US trade talks have hit a snag, as negotiations run up against “huge skepticism”. The European Commission has published the results of a public consultation on investor protection, throwing...
Tough Competition For Thai Canners
Thai canned tuna reaching the EU as a whole has declined significantly, and it seems that a lack of product being shipped to the UK market is a main contributor. With zero duty trade...
War Torn Zones Want Canned Tuna
Some countries hit by war or difficult political conditions are increasing their import of canned tuna. And it’s not just these nations themselves that have a bigger thirst for the product, as...
Wild Planet Launches Canned Pole And Line Yellowfin In USA
In a US market dominated by canned skipjack and albacore, one California based tuna producer, Wild Planet Foods, has introduced a new can of pole & line caught yellowfin in water. Through...
First Philippine Containers Duty Cleared At 0%, No Real Market Impact Yet?
A trade agreement that was expected to cause a major market shake-up has failed to hit the EU market hard so far, as German canned tuna importers are yet to see a recognizable impact. It seems...
Century Pacific: Impulsive Investors
Investor confidence in Century Pacific (CNPF:PM) has escalated, as shares in the company increase to their highest value since listing. Just as it seemed as though Philippine GSP+ had had...
The Mega Tuna Market That Shows Strong Recovery
As Thailand’s global canned tuna exports suffer a YoY drop, there’s one destination market where its products show strong recovery. The Arab World, the number one regional market for the Thai...
US Single Duty Quota Exhausted At Kick-Off
On January 2nd, the 2015 single duty tariff rate quota for canned tuna imports into the US opened. On that same date, the preliminary restraint limit was exceeded as soon as it kicked-off....
Low Tuna Price Gains Wiped Out By Weakening Euro
A member of the European Central Bank (ECB) governing body has recently said that the euro zone is experiencing a massive weakening in its economy, largely due to a slowdown in its biggest...
2014 Ends With Slight Slide Of Skipjack Price
As the year draws to a close, the Bangkok skipjack price (SKJ1.8:BKK), has modestly declined due to low buying interest, and still good supplies. After a continuous falling trend since...
Anova Appoints New CEO In Company Reshuffle
Top Netherlands based tuna trader, Anova Seafood, has appointed its Director and co-founder Willem Huisman as new CEO, in a renewed company reshuffle. As of January 1st, the current CEO,...
UK Seafood Sales See Christmas Deficit YoY
UK grocers will likely not be seeing an increase in fresh tuna sales any Christmas soon, as there has been a steady seasonal decline year on year, partly due to seafood price inflation....
Local Press Expects USD 15 Million Increase After Philippine GSP+
On December 19th, the EU Parliament voted to grant the Philippines GSP+ status, allowing the Asian nation to benefit from a zero percent duty trade preference on thousands of tariff lines,...