Major Russian retail group says salmon and tilapia prices are poised to rise in Sept.
SEAFOODNEWS.COM [RosBusinessConsulting] August 29, 2014
A recent food imports ban will seriously impact prices of fish in the near future. The prices will go up regardless of the fish type, be it fish mentioned directly in the sanctions list such as salmon and trout or be it any other fish, business daily Kommersant reported.
Svetlana Chebarova, head of the quality control department at X5 Retail Group, said that prices of salmon, trout, chum salmon, and pink salmon rose 10% in August and are expected to go up another 20% in September. Red caviar will grow 25% in price.
Prices of fish imported from China and Vietnam are also rising. Chinese tilapia fillet price is up 27%, while Vietnamese pangasius price climbed 10%. Prices of haddock, capelin, and chum salmon rose 22%, 22%, and 9%, respectively. According to Chebarova, suppliers ascribe higher prices of fish whose imports are permitted to poor catches...
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