Heightened US, Asian demand for limited sustainable toothfish supplies sends prices to record levels
SEAFOODNEWS.COM by Michael Ramsingh - October 13, 2014
Toothfish prices in the US are climbing this year as demand for sustainably certified product continues to put pressure on supplies. This higher toothfish interest has forced buyers to compete directly with Asian importers for product, which has pushed up the market in 2014.
So far in October, average Urner Barry prices for 6-8 kilo whole, frozen H&G toothfish are at record levels up over 14 percent from 2013. Meanwhile, frozen 6 oz. toothfish portion prices are averaging $15.10 per pound this month, up about 7 percent from last year and the highest since 2012...
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