EP 180 | AIRED 04/28/2014
After Effects of Lent, Could Haddock be pricing itself out of the Market
April 28th, 2014 This week in the Tradex Foods 3-Minute Market Insight, Rob Reierson discusses After Effects of Lent, Could Haddock be pricing itself out of the Market
3-Minute Market Insight - After Effects of Lent, Could Haddock be pricing itself out of the Market
Post Lent Seafood Update: NOT seeing much Inventory of Raw Materials or hearing of Excessive Inventory in the market
Market Projections out of China continue to be a Strong Haddock Market
Seafood Alert: if Haddock fillet is under 10oz this year it is likely to be a "Cut Fillet"
Cod market to strengthen over the next few months as China is in demand for Alaskan & Russian raw materials
Russian Cod prices have increased, Russian Pollock Market to remain stronger than expected
April 17th marked the end of the 2014 Lent Season - what is the Seafood Market doing now Post Lent?
2014 Lent Season in the Seafood Market seems to have come through a bit MORE Cleanly than in the past
Post Lent Seafood Update: China Pursuing Raw Materials; China Production has maintained good volumes in all markets
Our Main Haddock Plant in China continues to Project a very Strong Haddock Fillet market for the future
Our Main Haddock Plant in China has moved approx 40% of Haddock production to Atlantic Cod production
a Strong Haddock Market this year has switched some Fish and Chips businesses to Atlantic Cod Fillets
Seafood Buyers: If a Haddock Fillet is under 10oz this year, it is likely to be a "Cut Fillet"
Haddock pricing is now over $4.00/lb ex warehouse #StrongHaddockPricing
with High Haddock prices, Cod is beginning to look like a great alternative white fish
#HighHaddockPrices - could Haddock be pricing itself out of the Market?
with the 2014 Haddock Quota Cut & Strong Haddock Demand don't expect Haddock prices to go down any time soon
the Cod Market could gain a bit of strength over the next few months as China is in Demand for Alaskan and Russian Cod
expect to see a $0.10-$0.15 increase for Russian Cod by the time it reaches North America
Russian Pollock has also remained stronger than expected after Chinese New year
Russia Pollock: Boats still getting $1,450/MT = $100/MT increase from expected pricing for this time frame
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