CHINA MARKET NEWS
All eyes on China as Russian firms seek return on crab auction investment
Russian Pavilion at CFSE 2019 http://www.undercurentnews.com Ivan Mikhnov's unusual morning ritual is he prays China’s economy avoids a downturn. Speaking to Undercurrent News at the recent China Fisheries and Seafood Expo in Qingdao, the first vice president of...
More Chinese Turning to Online Platforms for Seafood Purchases
seafood news.com December 4, 2019 E-commerce platforms are playing an increasingly important role in China’s seafood sales. As available statistics show, the country’s online seafood sales reached 27.126 billion yuan ($3.8 billion USD) in 2018, which accounts for 1/3...
Chinese consumption of Norwegian cod up 500%, with more to come
By Undercurrent News Nov. 27, 2019 09:48 GMT Chinese consumption of Norwegian cod has increased 500% since 2014, when the Norwegian Seafood Council (NSC) began working to promote the whitefish there, it said. New research suggests consumption has risen from 1,000...
China salmon demand set to explode when usage starts in national cuisine
www.,undercurrentnews.com QINGDAO, China -- The first stage in developing China’s salmon market is now complete with Atlantic salmon now ubiquitous in big cities as an ingredient in Japanese sashimi restaurants. Stage two is all about getting Chinese to eat salmon in...
Dalian firm to boost Pacific salmon’s China prospects
www.undercurrentnews.com QINGDAO, China -- Pacific salmon could finally be about to hit China in a big way as Dalian Rich Enterprise Group – a Chinese firm specializing in wild salmon products – nears the opening of its CNY 300 million ($42.6m) plant in Dalian,...
UK seafood set to take centre stage at China Expo
UK seafood set to take centre stage at China Expo 14 companies to showcase the best of UK seafood to key growth market News Release 28 October 2019 Producers from across the country are set to showcase some fantastic UK seafood at the China Fisheries & Seafood...
Russian King Crab Seizes a Greater Market Share in China
www.seafoodnews.com October 17, 2019 King crabs have become a rock star in the Chinese seafood market, and recent years have shown a dramatic increase in the country’s import, according to media reports. Available data show that its imports have skyrocketed...
China has imported more than $2bn worth of shrimp in 2019 already
By Louis Harkell Undercurrent News Sep. 26, 2019 17:48 BST China increasingly calls the shots in the global shrimp industry with its market now worth billions to foreign exporters, latest Chinese customs data published on Wednesday (Sept. 25) shows. Chinese figures...
Royal Greenland begins live lobster shipments to China
By Undercurrent News Sep. 24, 2019 10:02 BST Quin-Sea Fisheries -- the Canadian division of Royal Greenland -- has officially opened its live lobster facility in New Harbour, Newfoundland on Sept. 18, just nine months after breaking ground at the site. The facility is...
China’s Seafood Imports Surge Again in July
www.undercurrentnews.com Seafood exporters around the world will be buoyed to hear of another big month of Chinese seafood imports. Chinese customs figures released this week show the country imported CNY 8.41 billion ($1.17bn) worth of seafood in July, up a massive...
China’s Shrimp Imports Expected To Rise And So Are The Prices
August 15, 2019 www.seafoodnews.com Imported seafood has become increasingly popular in the Chinese market. Last year China's import value was said to have increased by US$3.62 billion to reach US$11.91 billion, while volume increased to about 7.6 million tons....