EP 517 | AIRED 12/07/2020
December 7th, 2020 --- This week we provide raw materials update on Chinese processing and continue reporting on product availability in the North American Markets.
--- Starting with raw materials in China and the main issues interrupting supply are delays and backups as vessels are anchored outside Dalian awaiting COVID testing and disinfecting resulting in stronger pricing across the board.
---- Moving onto product availability in North American markets and our recommendation is to purchase ahead of the curve on whichever products you can get your hands on as Chinese New Year closures and Lent are just around the corner.
For Dungeness Crab, with the Washington, Oregon, and California fisheries delayed until mid December we don't expect to see any new season supply until after Christmas.
There maybe some relief in markets close to British Columbia Canada as B.C. fishermen continue to harvest Dungeness but we expect supplies to be tight.
For Halibut, offers on frozen Halibut will very limited so we are sending a warning out now that prices are going to rise for the next month or two.
If you are a Sockeye buyer, our recommendation is to continue to buy for your needs - forecasting for what you will need until the new season arrives which will be around August 2021.
For now, we recommend purchasing what you can find - at the pricing you have been buying at this year.
Despite the Wild Salmon shortages the market experienced this year, we are the Salmon experts and can help you sercure your Salmon requirements.