GLOBEFISH - European Price Report - Aug 2018

Page 1

Issue 8/2018 August 2018

Latest trends

Index for prices

Demand is slow in Europe at present, in line with the typical annual trend. All purchases for the tourist season have already been made and many traders are now on holidays themselves. This seasonal market slowdown has been compounded this year by unusually weak Southeast Asian demand resulting from the looming trade war between the United States of America and China, and the associated imposition of seafood tariffs. Prices are either stable or trending downwards, with the exception of those for tuna, which have just started to recover from very low levels after two months of declines.

GROUNDFISH In Poland, a lack of cod due to a catch ban is translating into somewhat higher prices there. In Moscow, meanwhile, good demand and stable prices are reported for Alaska pollock.

COD - in Poland (FOB, origin: Baltic Sea) USD/kg 2.4 2.2 1.9 1.7 1.4 1.2 0.9

Fresh gutted

1

Groundfish

7

Flatfish

8

Tuna

10

Small Pelagics

11

Cephalopods

11

Crustaceans

15

Bivalves

18

Salmon

17

Trout

18

Freshwater fish

21

Non Traditional Species

22

Seabass-SeabreamMeagre

23

The European Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. Price information is indicative and should be used only for forecasting medium- and long-term trends. FAO is not responsible for any errors or omissions.


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