Price gap between moisture-added and non-moisture added tilapia splits Urner Barry quotation
SEAFOODNEWS.COM by Michael Ramsingh - November 21, 2014
Urner Barry is now publishing two separate quotations for Chinese frozen Tilapia fillets as US buyers reported a clear divide in market prices for moisture added and non-moisture added product.
Until recently the Seafood Price Current listed just one quotation for frozen Chinese Tilapia fillets. The quotation did not differentiate between imports that were soaked versus fillets that were not treated prior to export.
Over the last ten years US Tilapia demand has exploded. A look at US imports from China shows frozen Tilapia shipments to the US are up nearly 5,000 percent compared to 2004 at this time...
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