ANALYSIS: September Groundfish Import Data Highlights Supply Constraints Sustaining Price Pressure
The groundfish market held full steady for the past few weeks across much of both single- and twice-frozen segments, but newly released September import figures shed light on the supply-side dynamics that continue to underwrite full steady to firm undertones throughout the complex.
Atlantic and Pacific cod imports totaled 7.88 million pounds in September, marking a steep 20.9% drop from August and a 10.8% decline year-over-year. China, the dominant supplier, shipped 4.49 million pounds, down 31.7% from the prior month...
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