Hungry Chinese market appeals to Vietnam with USDA equivalency looming

February 27, 2017 Undercurrent News Neil Ramsden Certain sources within the pangasius sector feel that, faced with the possible difficulties of meeting US Department of Agriculture (USDA) import requirements, Vietnam could look to take advantage of growing Chinese demand this year. US Congress has considered repealing the change to the US farm bill which shifted […]

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New Zealand rock lobster prices quadruple on Chinese demand surge, FTA deal

February 27, 2017, 9:55 am Undercurrent News Louis Harkell Chinese demand for New Zealand rock lobster has driven up prices by almost four-fold in a little over ten years, in a testament to Chinese middle-class’ buying power and the value of the China-New Zealand free trade agreement (FTA). A kilo of New Zealand rock lobster now […]

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China Changing from Largest Seafood Exporter to Largest Seafood Importer

SEAFOODNEWS.COM [Shuichan News] Translated by Amy Zhong February 10, 2017China is changing from the largest global seafood exporter to the largest global seafood importer with full government support.   This has significant implication for both fishing policy, where the government plans to restrict harvests, and for tariff policy, where the government has already reduced some […]

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Affluent China Emerges as Vietnam’s Major Seafood Buyer

Seafood producers in Vietnam are expected to cash in on China’s rising consumption. China’s growing appetite will significantly increase Vietnamese seafood exports this year, industry insiders say. The Vietnam Association of Seafood Exporters and Producers (VASEP) forecast that the neighboring country’s seafood imports will hit a record high of more than $1 billion in 2017. […]

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Marine Harvest Will Resume Salmon Exports to China With Chinese, Norwegian Trade Relations Restored

  SEAFOODNEWS.COM by Michael Ramsingh – January 11, 2017 Marine Harvest said it will resume shipping salmon to the Chinese market this year now that political tensions between Norway and China have eased.   The announcement was made by Marine Harvest’s Chief Executive Alf Helge Aarskog. He said the company expects to resume shipments to […]

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China Cuts Tariff Rates on Large Range of Imported Seafood

SEAFOODNEWS.COM   by John Sackton and Amy Zhong  January 11, 2016 China’s Ministry of Finance announced a significant range of tariff reductions on seafood products, to take effect January 1, 2017. The move is part of a Chinese government policy to normalize seafood imports in recognition that imported seafood has become popular with domestic consumers. […]

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Signs point to Surging Market for High-End Imported Seafood in China This New Year

SEAFOODNEWS.COM  [Finance East]  Translated by Amy Zhong with Additional Material from John Sackton    January 12, 2016 Sales of High end imported seafood including items such as lobster, king crab, salmon, Dungeness crabs and Argentinean shrimp appear to be surging in China prior to the Chinese New Year on January 28th. For lobsters, unlike 2016 […]

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VASEP Expects China to Overtake the US as Top Market for Pangasius Exports

SEAFOODNEWS.COM [Viet Nam News] – January 13, 2017 China will replace the U.S. as the biggest importer of Vietnam-sourced pangasius in 2017, said the Vietnam Association of Seafood Exporters and Producers (VASEP). In the fourth quarter of last year, China, including Hong Kong, overtook U.S, pangasius imports from Vietnam, the association said. In August-September last […]

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Atlantic Canada’s Seafood Industry Gets a Boost as China Lowers Tariffs

SEAFOODNEWS.COM [CBC News] By Paul Withers – January 16, 2017 Tariffs on seafood products will be reduced on average from 11 to 5 per cent in 2017 Atlantic Canada’s seafood industry is starting 2017 with a boost for the bottom line thanks to lower tariffs on seafood entering the booming China market. The Jan. 1, […]

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