ANALYSIS: Supply Issues for Twice Frozen Haddock
Haddock is on the move, once again, in what seems to be a rollercoaster of events for the market. Frozen haddock fillets from China, originally hit with a 10% tariff beginning September 2018, increasing to 25% in May 2019, saw prices steadily climb to record highs until finally being granted an exclusion in December 2019, allowing prices to finally soften the following month.
Because of those tariffs, importers exercised conservative buying habits with the higher priced product, and now, months later, we are...
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