Russian Pollock Producers Post $400 Million in Losses Due to China Market Closure
The overall losses of Russian pollock producers due to the closure of Chinese ports and market for their supplies amounted to US$400 million although the existed ban allowed them to increase the production of more expensive products - fish fillets and minced meat by at least 1,5 times, according to recent estimates of the Russian Pollock Association.
The restrictions on supplies have been in place for more than a year: in October 2020, China began to close its ports for...
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