A major signal emerged at the 2026 Barcelona Global Seafood Exhibition: after commercial fishing of Canadian redfish resumed following a nearly 30-year moratorium, export orders to China have doubled directly. The Asian market has become the core driving force behind this recovery. Bolstered by global demand for whitefish alternatives and tariff advantages, Canadian redfish is rapidly gaining popularity on Chinese dining tables. I. From Near Extinction to Explosive Growth: Th

According to the latest trade data from SeafoodMedia, South Korea’s aquatic import market saw notable structural changes in March 2026. Imports of Russian frozen fish surged sharply, becoming the most noteworthy international trade trend of the month. 1. Key Data: Frozen Fish Imports Skyrocket 60% Month-on-Month, Hitting Three-Year Peak In March, South Korea’s imports of Russian frozen fish reached 39.5 million US dollars, a substantial 60% month-on-month increase and the hig

The Global Seafood Expo (SEG) officially closed in Barcelona on April 23, 2026. As an annual weathervane for the global seafood industry, this edition of the exhibition delivered key market signals including surging pink salmon prices, tight pangasius supply, and stable market trends for Argentine red shrimp and Peruvian squid. On-site interviews by UCN fully unveiled the new landscape of global seafood trade in the first half of 2026. 1. Wild Pink Salmon Hits Record Highs; C

At 8:00 on April 22, 2026, Argentine fisheries authorities officially announced the complete closure of Illex argentinus fishing operations within Argentina’s Exclusive Economic Zone, bringing the 2026 squid fishing season to an early end. This decision was not made on a whim, but based on technical assessments by Argentina’s National Institute for Fisheries Research and Development (INIDEP). The core reasons are rapid resource decline, rising proportions of juvenile squid, a

Ahead of the global seafood exhibition in Barcelona in late April 2026, the European market for frozen block pollock fillets has seen another wave of price hikes. Chinese double-frozen pollock products have become the only source for large-volume spot purchases by European buyers, with prices hitting record highs and reshaping the global pollock pricing landscape. 1. Severe Spot Shortage: US and Russian Supplies Nearly Sold Out The current price surge is driven primarily by

In Week 16 of 2026, China’s ocean-going squid market has seen a long-awaited recovery, with prices for Southeast Pacific (Peruvian) squid rising across the board , becoming the focus of the frozen seafood sector this week. Is this rebound a true market turnaround, or just a phase of correction? Based on the latest market data, this article analyzes the logic behind the moves. 1. Broad Price Rebound: Whole Round Squid Leads, Three Major Parts Rise in Tandem After prolonged pre

In Week 16 of 2026, China’s ocean-going squid market saw a long-awaited rebound, with prices of squid from the Southeast Pacific (Peruvian squid) rising across the board and market sentiment warming up noticeably. However, based on supply and demand, inventory and production area data, this round of gains is more of a phased recovery rather than a trend reversal. I. Market Overview: Peruvian Squid Leads Gains Across All Specifications The price rebound was clear this week,

The 2026 Argentine squid fishing season has seen obvious regional disparities. Catches north of 44°S have fallen short of expectations, with few large squid schools and mostly immature squid of no commercial value. Daily yields per vessel remain low, and many squid fishing boats have diverted to other ports or suspended operations. As of April 15, the total landed volume of the season has reached 174,300 metric tons. In just three months, the figure is approaching the full-ye

Official Release of Geographical Indication Product: Beihai Oysters , Effective from August On May 30, 2023, the Administration for Market Regulation of Guangxi Zhuang Autonomous Region officially approved and issued the local standard Geographical Indication Product: Beihai Oysters (DB45/T 2670-2023). Taking effect on August 30, 2023, this standard lays a solid standardized foundation for the quality improvement and brand development of Beihai oysters. With a breeding histo

In Week 15 of 2026, the ocean-going squid market remained weak with a clear core trend: supplies from the Southeast Pacific concentrated on the market, with prices continuing to decline; off-contract products from the Southwest Atlantic remained relatively stable; quotations in the Northwest Pacific and Indian Ocean held steady , pulling the overall market focus downward. I. Performance of Major Producing Areas: Southeast Pacific Leads Decline, Other Regions Remain Stable 1.

Prices of Chinese frozen tilapia fillets in the US wholesale market edged down further in Week 15, with inventory pressures starting to be reflected more directly in transaction prices. According to market quotes, prices of all mainstream specifications dropped by approximately $0.05 per pound on average. This marks the first clear sign of price loosening in the market after weeks of sideways trading. In terms of trading momentum, US buying interest has not picked up noticeab

Norwegian cod exports weakened significantly in March. According to the latest report from the Norwegian Seafood Council, due to tightened quotas and a decline in raw material supply, the export volume of Norwegian cod has dropped sharply compared to the same period last year, while fresh product prices have been pushed to historic highs. For processing companies, the tight supply of raw materials combined with rising costs is squeezing profit margins, making the operating pr

In the 15th week, the price of Chinese frozen tilapia fillets in the U.S. wholesale market continued to experience a slight decline , reflecting increasing inventory pressures that have begun to more directly impact transaction activity. According to market quotes, prices across major specifications generally fell by approximately $0.05 per pound. This marks the first clear sign of market softening following several weeks of sideways movement. From the perspective of transact