CHINA MARKET NEWS
Indian seafood exports to China break $1bn mark in 2019 for first time
By Undercurrent News Dec. 31, 2019 09:57 GMT Seafood exports from India to China have grown by 42% in the past year, with growth particularly strong in shrimp, reports The Economic Times. As a result, total seafood export values to China over the first 11 months of...
Vietnam Takes Advantage of U.S.-China Trade War
May 17, 2019 http://www.seafoodnews.com President Donald Trump’s recent tweets about tariffs and China has hit both the U.S. and China hard and also influenced global markets. Some countries will likely suffer, while some are believed to benefit from the fight between...
China Expects to Replace the U.S. as Largest Shrimp Importer
May 28, 2019 http://www.seafoodnews.com China is not only an important shrimp producer but also a significant importer in the global market. As statistics show, its shrimp output has increased slightly to reach about 1.3 million tons last year. Though the ratio of its...
China Boosts the Development of Canada’s Seafood Industry
March 26, 2019 seafood news.com China has become a huge and lucrative market for many worldwide seafood suppliers, including Canada. As statistics show, this Asian country has become the second largest importer of live lobsters from New Brunswick, Canada. Thanks to...
China Overtakes Japan as Alaska’s Largest Seafood Importer
March 18, 2019 http://www.seafoodnews.com China used to mean nothing more than just an Asian country for fishermen in Alaska, but in recent years it has become a magnet, attracting sellers and seafood products with increasingly great demand and deep-pocket buyers. Its...
Lobster Index Says China Still on the Boil
http://www.seafoodnews.com If the lobster barometer is anything to go by, demand at the top end of the Chinese market remains on the boil despite downgrades in China's growth forecasts. The biggest player in Australia's most valuable wild-catch fishery continues to...
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...
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...
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%...
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...
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...