CHINA MARKET NEWS
Saudi shrimp pours into China curbing Spring Festival price rises
By Louis Harkell Undercurrent News Feb. 21, 2019 10:46 GMT Undercurrent News industry sources expect strong Chinese demand for shrimp in 2019, even after wholesale price rises slowed in the run-up to Chinese New Year due to plentiful supply from, of all places, Saudi...
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King Crab and Lobster Shine for Chinese New Year, ‘The Most Important Dinner in China’
February 14 Undercurrentnews.com China’s largest-scale shopping carnival has come to an end with the ending of the lunar New Year holiday recently. Impressively, its residents spent more than 1 trillion yuan celebrating the holiday. One new feature of festival...
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China’s direct imports of crustaceans now worth billions
By Louis Harkell Undercurrentnews.com Feb. 5, 2019 09:26 GMT Booming imports of shrimp stood out amongst China’s top seafood imports of 2018, with 192,991 metric tons of shrimp worth $1.36 billion imported directly by the country last year, up 203% in volume and 187%...
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China’s seafood imports balloon by 44% to $12bn in 2018
By Louis Harkell Undercurrent News Jan. 23, 2019 13:46 GMT China’s seafood imports ballooned by a massive 44% to $11.9 billion last year as the country continues to change the face of global seafood trade. In the twelve months to the end of December 2018, China...
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Norway to prioritize pelagic sales to China in 2019
By Undercurrent News Jan. 22, 2019 09:15 GMT The Norwegian Seafood Council (NSC) plans to make increased pelagic sales to China one of its priorities in 2019. It has announced plans for a project which focuses on increasing market insight and facilitating network...
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Chinese Demand Driving Investment in New Brunswick’s Lobster Industry
New Brunswick's lobster industry is drawing closer to China as the apetite for the premium Canadian seafood grows in that country. Newly released figures show the volume of Atlantic Canada's lobster sold to China jumped 50 per cent in 2018, to 12 million kilograms....
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First Direct Freighter Flight Between Norway, China Starts With Seafood Transport
A Slovakian air cargo company has started carrying Norwegian seafood to China in the first direct freighter flight between Norway and the Asian country, Norway's state-owned operator of civil airports Avinor said on Friday. Air Cargo Global started on Thursday its new...
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Saudi Arabia Is Shipping 6,000 Tons of Shrimp to China
December 13, 2018 http://www.seafoodnews.com Saudi Arabia is adding a new commodity to its oil-heavy trade with China: frozen shrimp. The world’s largest oil exporter has shipped 6,000 tons of the crustaceans to China since last week, Ahmed Al-Bala’a, chief executive...
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China Cracks Down on Smuggling and Improves Logistics for Legal Imports
December 17, 2018 http://www.seafoodnews.com Smuggling has been haunting China’s seafood industry for a long time, and the country's customs bureaus have decided to take stricter measures to eradicate the problem. They have recently cracked down on a series of...
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Tassal flies fresh salmon direct to Xi’an
By Undercurrent News Dec. 4, 2018 10:01 GMT Australian salmon farmer Tassal Group has flown its first batch of fresh salmon directly to Xi'an, a city in central China famous for its terracotta army, reports Kaixian TV. Flight HU7902 arrived in Xi'an on Dec. 2 with...
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Growing taste for quality seafood lifts businesses in Hunchun
By making the most of its geographical location and China's opening-up policies, Hunchun has become a major hub for fresh seafood imports from Russia, as local appetites for top-quality products continue to grow. "Little do people know that 90 percent of the king...
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