Low Export Prices Put Pressure on Russian Fish Sector
The Russian fish sector may face a serious decline of profitability this year due to a significant drop in prices for some of the most important export items for the country.
For example, according to data of experts of Forbes Russia magazine, the cost of a pollock fillet in recent months has decreased by 19% to US$2,578 per ton.
According to German Zverev, President of the All-Russian Association of Fish Producers (VARPE), geopolitical problems forced fishermen to partially reorient themselves from the production of pollock fillets...
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