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CFSE 2024 day two summary: Indian shrimp traders turn to Vietnam, while Hondurans bid for China
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CFSE 2024 day two summary: Indian shrimp traders turn to Vietnam, while Hondurans bid for China

QINGDAO, China — Current News He’s reporting live from this year’s China Fisheries and Seafood Expo (CFSE), held from October 30 to November 1 at the Hongdao International Convention and Exhibition Center in Qingdao, China.

CFSE is China’s largest seafood trade fair and is at the center of international seafood companies’ marketing calendar in China. Domestic Chinese seafood companies also came into force.

Below is a recap of all the news highlights from the second full day of the show:

Indian shrimp packers target Vietnam before China, keeping prices steady

According to industry sources at the fair, Indian vannamei shrimp exporters are currently targeting Vietnamese buyers who are offering higher prices than Chinese importers. click Here for more details.

Demand for Atlantic capelin roe remains sluggish despite zero TAC outlook

International buyers are taking a cautious stance on Atlantic capelin roe, despite forecasts calling for zero fishing quotas for the 2025 season, a sales manager at a major offshore harvester in Iceland said low current. click Here to read more.

Chilean mussel farmer prepares to enter lucrative Chinese market

Manuelita Acuicultura, a major Chilean mussel farmer, is making progress with its plans to enter the lucrative Chinese market, said Jose Ignacio Lopez Anwadter, the company’s sales manager. Low current. Learn more Here.

Mowi aims for a 20% sales increase in the Chinese market next year

Mowi, the world’s largest salmon farmer and a pioneer with processing facilities in Asia, is targeting 10-20% annual growth in sales volumes in the Chinese market, the senior manager of the China operation said. Low current. Read more Here.

Honduran shrimp producers pool resources in China market bid

Honduran shrimp producers have launched a unified marketing strategy to crack the competitive Chinese market following the Central American country’s diplomatic switch from Taiwan to China last year. click Here to read more.

Clearwater launches sea-frozen quahogs in Asian markets

Canadian seafood giant Clearwater Seafoods has introduced sea-frozen quahogs in Asian markets, targeting the premium sushi and sashimi segments, after increasing harvest capacity, company executives said. Learn more Here.

Chinese tilapia prices may remain stable until May 2025

The price of Chinese-farmed tilapia is expected to remain stable until the first half of next year, as fingerling production in October has yet to recover from Typhoon Mojie, which reached Hainan in September, a source at a company on the island said. . Read more details Here.

Irish shellfish enters China’s luxury market

Irish shellfish such as brown crab and crayfish have achieved strong sales performance, penetrating China’s fine dining and retail markets, according to Conor O’Sullivan, China manager at Bord Bia, the Irish Food Board. Read more about his presentation Here.

Ireland’s seafood sales to China increased

According to O’Sullivan, from January to August 2024, Irish seafood exports to China increased by 35.6% year on year to €26.52 million, driven by increased shellfish sales. Read more data from the Irish Seafood Trade Seminar at the show Here.

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