ANALYSIS: Chilean Fresh Salmon Fillet Market Declines for Fifth Consecutive Week
The fresh Chilean salmon fillet market continued its downward trend this week, marking the fifth consecutive week of falling prices. Market participants report weak demand and an ample supply of fresh fillets from Chile as key drivers behind the price slump.
Earlier this spring, European fresh fillets—typically priced higher than Chilean fillets—briefly traded below the Chilean market. However, that trend has reversed. As of this writing, European fresh fillet prices have rebounded and are now 10.3% higher than their...
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