Frozen Imported Cod Losing the Japanese Market
According to a report by the Minato Shimbun, the price of frozen imported cod soared last year due to a global decline in catch, drastically reducing Japanese imports. Both US and Russian cod largely disappeared from the domestic market. The unit price for frozen 9/10 counts in 18/19 kg blocks (longline-caught and dressed) from Alaska was "around 1,530 yen/kg ($9.58/kg) if a domestic price were to be assigned," according to a trading company source.
The total annual import volume, including...
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