News Summary October 17, 2025
Today's Top Story: US Snapper Imports Surge as Prices Hit Record Highs
In today’s top story, US frozen snapper imports surged 61% year-to-date (Jan.–July) as importers front-loaded shipments to beat new tariffs. Now, post-tariff, prices have climbed 18% above January’s levels, with sellers adjusting costs upward after initial tariff discussions. While Indonesian supply may offer some relief in its main season, tariff-driven costs and global competition from China, especially ahead of the Chinese New Year, are keeping market prices firm...
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