Undercurrent News

Fast-paced Argentina red shrimp fishery sparks concerns over shorter offshore season

Mon, 03 Aug 2026 11:08:34 +0000


Heavy early-season landings of Argentina's red shrimp are colliding with a subdued summer market, creating a buildup of supply and increasing uncertainty over how long the offshore campaign can be sustained

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Thai Union hits record margins in Q2, expects impact of latest US tariffs will be ‘not significant’

Mon, 03 Aug 2026 11:04:26 +0000


Thai Union Group has reported another hike in sales for the latest quarter, with the shrimp segment in particular benefiting from exceptionally low raw material prices

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Icelandic cod prices slide after late week of heavy landings before public holiday

Mon, 03 Aug 2026 10:59:54 +0000


There were another 852t of ungutted cod sold on Iceland's auction in the latest week, roughly four times as much fish as the corresponding stage of either 2024 or 2025

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Trade Insights: China’s live crab imports top $1bn in record first half

Mon, 03 Aug 2026 10:39:08 +0000


China's live crab imports code rose 13% y-o-y to just over $1bn during the January-June period, while volumes increased 4% to 59,921t, according to Chinese customs data

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Australia’s Seafarms mulls asset sales to fund vast shrimp project

Mon, 03 Aug 2026 10:36:35 +0000


The aquaculture business is still finalizing the buyback of Project Sea Dragon's licenses, and it continues to seek ways to finance the future of the plan

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Cod, haddock prices continue on the rise at Scottish auctions

Mon, 03 Aug 2026 10:24:36 +0000


Prices for both species saw an increase also in week 31 across most sizes

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China wholesale shrimp prices: Ecuador supply turns uncertain, while Argentine red shrimp stays strong

Mon, 03 Aug 2026 10:20:30 +0000


The declines were mainly seen in retail-packed brine and semi-IQF products

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First Scottish salmon shipment arrives in India after UK trade deal

Mon, 03 Aug 2026 10:10:41 +0000


The trade deal, which came into effect on July 15, removed a 33% tariff on Scottish salmon exports to India, opening access to one of the world's largest seafood markets

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Amazon faces consumer lawsuit in US over seafood sustainability claims

Mon, 03 Aug 2026 10:08:43 +0000


The lawsuit alleges the retailer used labels including 'dolphin safe,' 'responsibly sourced,' 'sustainable,' 'wild caught,' and 'MSC certified' in a way that gave shoppers the impression its seafood had minimal environmental impact

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Nordic Halibut transfers first 15,000 fish to new land-based plant

Mon, 03 Aug 2026 09:56:24 +0000


Nordic Halibut has transferred its first 15,000 halibut to a new land-based facility in Torjulvagen, marking the start of operations

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