Soaring Price of Norwegian Mackerel Shocks Japanese Buyers
According to a report in the Minato Shimbun, Norwegian mackerel being shipped to Japan this season is being offered at a record high of C&F 640-650 yen/kg ($4.36-4.43/kg), 50% higher than the same period last year, which has shocked Japanese traders. This price is for a fish weighing 400-600 grams, the main size for the Japanese market. Japanese processors are crying out, "This is no longer in the price range for mackerel. We would like to buy it, but we just can't afford it," while...
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