Price of Frozen Pacific Ocean Perch from Alaska Soared 60% Amid China's Strong Imports from the US
The domestic wholesale price for dressed Alaska-origin Pacific Ocean Perch (400–500g size) has reached approximately 700 yen/kg ($4.40/kg) this summer.
After remaining flat at around 430 yen/kg ($2.70/kg) for about three years leading up to last spring, the price surged by 60%, driven mainly by increased demand from Chinese processors. Direct imports into Japan for re-processing dropped sharply last year, and trading sources suggest that "volumes could decline further this year." Although Japan...
To Read Full Story Login Below.