Japanese Importers Resist High Prices of U.S. Pacific Cod
The domestic price of frozen dressed cod from Alaska (9/10 fish counts per 18/19 kilo block) reached the upper 900 yen/kg ($6.58/kg) level last fall but then declined. If the price in the United States is converted to the selling prices in Japan, it will be about 820 to 830 yen/kg ($6.00-6.07/kg)," said a trading company source. However, "Japanese importers are demanding further price reductions for the new fish caught this year, and negotiations have not been concluded...
To Read Full Story Login Below.