Overview of frozen fish market in Saint Petersburg and some other regions in mid-March 2007

March 15, 2007 16:42

The past month was marked by increased competition on the salmon market of St. Petersburg, Russia's main entry port for seafood, trading sources told RFR.

Below follow more details on particular species with average prices given as ex-coldstore VAT inclusive for quantities of between 1-10 metric tons unless specified otherwise.

Freshfrozen herring

As per 14 March 2007, the herring prices settled at RUR27.00 per kilo of the size 300+ (from January-February harvest) ex-coldstore Saint Petersburg, while the size 350+ fetched prices of RUR37.00-38.00 per kilo. The size 400+ was sold at RUR46.00 per kilo on a par with the same period last year. This year Norwegian filleters have been producing less herring fillets as compared to 2007. As per mid-March 2007, herring fillets 6/10 and 5/8, 4/8 fetched RUR39.00-40.00 and 48.00-49.00 per kilo correspondingly.

Poorly graded Atlantic herring classified as large and fat 220-240+ grams from the new Russia harvest was available at RUR19.50 per kilo but the supply of the product was short.

Mackerel

Despite poor market supply in the middle of March 2007 mackerel prices in Saint Petersburg were not growing because the product prices had already reached the limit of the purchasing capacity. More specifically, the product was sold at RUR62.00-64.00 per kilo of the size 400/600 ex-coldstore in Saint Petersburg and from RUR100.00 per kilo of the size 600+.

Baltic herring, Baltic sprat

Estonian and Latvian fish was available from RUR15.50 per kilo on the market of Saint Petersburg.

The Baltic States reported stable catches and prices were expected to fall further down to the level of RUR14.50 per kilo.

Capelin

With the capelin fishery practically not conducted this year the mid-March supply of the species in Norway was very short. Capelin was harvested mostly in Iceland. Prices of the species were as follows: from RUR32.00 per kilo of the count 30/40, RUR30.00 per kilo of the count 35/45, RUR26.00-28.00 for the count 45/55.

Due to small catches capelin prices were not expected to fall.

Blue whiting

Capelin fishery has been practically untapped this year, while herring fishery closed in late February due to the stock's spawning season. In the situation the fleets started to harvest blue whiting and from the beginning of March 2007 prices were decreasing by RUR0.20-0.30 per kilo daily.

As per 14 March 2007 traders offered blue whiting from RUR19.50 per kilo FCA Saint Petersburg harbor. Blue whiting prices in the city were expected to stabilize at RUR16.50-17.00 per kilo up through the middle of April.

Atlantic salmon and trout

The situation on the Atlantic salmon and trout market was not stable due to mounting offers of Danish and Faeroese fish at considerably lower prices than the Norwegian and Chilean salmon. As a result, prices went gradually down.

Atlantic salmon 5-6, 6-7 was offered from RUR170-175 per kilo.

Wholesale prices ex-coldstore in Vladivostok, dateline 14 March 2007

Product

Price ex-coldstore, RUR per kilo

Flounder head-off tail-off freshfrozen, 15 +

42.00

Flounder head-off tail-off freshfrozen, 18+

46.00.

Alaska pollock head-off tail-off freshfrozen,15+

40.00

Cod steak freshfrozen 1/10 per kilo

75.00

Alaska pollock roe sacks frehsfrozen

120.00

Alaska pollock grained roe freshfrozen

115.00

Flounder headed freshfrozen, 17 +

38.00

Black halibut steak freshfrozen

220.00

Cod fillets skinned IQF

95.00

Alaska pollock fillets, block-frozen, cartons

65.00

Alaska pollock fillets skinned IQF

67.00

Flounder fillets freshfrozen

70.00

Atka mackerel fillets freshfrozen

80.00

Sockeye fillets freshfrozen

105.00

Chinook salmon freshfrozen

105.00

Coho, chum and pink salmon fillets

75.00

Salmon mince freshfrozen

5.00

Coregonus whitefish mince freshfrozen

20.00

Wholesale prices ex-coldstore in Saint Petersburg, dateline 14 March 2007

Product

Price ex-coldstore/vessel, RUR per kilo

Short-term forecast

Herring Norway 300+

28.00

Stable

Herring 350+

38.00

Stable

Herring 400+

46.00

Stable

Baltic sprat 10-12 Estonia

16.00-15.50

Down

Baltic herring 12-15 Finland

16.50

Stable

Mackerel 400-600 Scotland

63.00

Stable

Mackerel 600+ Norway/Scotland

100.00

Stable

Blue whiting

20.00

Down

Capelin 45/55 fish per kilo, Iceland

26.00

Stable

Wholesale prices ex-coldstore in Moscow, dateline 14 March 2007

Product

Price ex-coldstore, RUR per kilo

Atlantic salmon 1-2 SUP Norway

165.90

Atlantic salmon 1-2 ORD Norway

163.90

Atlantic salmon 2-3 SUP Norway

167.90

Atlantic salmon 2-3 ORD Norway

165.90

Atlantic salmon 4-5 SUP Norway

168.90

Atlantic salmon 5-6 SUP Norway

170.90

Atlantic salmon 5-6 ORD Norway

168.90

Atlantic salmon 6-7 SUP Norway

171.90

Atlantic salmon 6-7 ORD Norway

169.90

Atlantic salmon 7-8 SUP Norway

172.90

Atlantic salmon 7-8 ORD Norway

170.90

Atlantic salmon 8-9 SUP Norway

178.90

Atlantic salmon 9+ SUP Norway 35-40

188.90

Atlantic salmon 10-12 SUP Norway

192.90

Atlantic salmon 2-3 SUP Chile

164.90

Atlantic salmon 5-6 SUP Chile

168.90

Atlantic salmon 6-7 SUP Chile

169.90

Atlantic salmon 7-8 SUP Chile

169.90

Atlantic salmon 8-9 SUP Chile

177.90

Trout 0.9-1.8 SUP Norway

180.90

Trout 0.9-1.8 ORD Norway

179.90

Trout 1.8-2.7 SUP Norway

181.90

Trout 1.8-2.7 ORD Norway

178.90

Trout 2.7-3.6 SUP Norway

185.90

Trout 2.7-3.6 ORD Norway

182.90

Trout 3.6-4.5 SUP Norway

195.90

Trout 3.6-4.5 ORD Norway

192.90

Trout 4.5-5.4 SUP Norway

198.90

Trout 0.9-1.8 ORD-2 Norway

165.90

Trout 1.8-2.7 ORD-2 Norway

172.90

Trout 2.7-3.6 ORD-2 Norway

175.90

Trout 1.8-2.7 SUP Denmark

166.50

Trout 2.7-4.0 PREM Chile

179.90

Trout 4.0-5.0 PREM Chile

189.90

Trout head-on 2-3 ORD Norway

137.90

Pacific squid tubes

61.0

Baltic sprat 9-12 cm Estonia/Finland

17.00

Wholesale prices ex-coldstore in Murmansk, dateline 12 March 2007

Products

Price ex-coldstore, RUR per kilo

Herring 200-300

17.80-21.00

Herring 200-

18.00-18.50

Herring 300+

23.50-30.00

Herring 350+

36.00

Herring 400+

35.00-44.00

Herring poorly graded and classified as large and fat

15.50-22.50

Herring head-on 200-300

19.00-20.00

Herring salted, 1300-gram containers

47.00

Herring salted, 500-gram containers

31.00

Herring fillets in mustard sauce

24.09

Mackerel 400-600

63.00

Mackerel headed 200-300

50.00-55.00

Mackerel headed 300+

55.00-66.00

Mackerel w/r head-on 400-600

61.00

Blue whiting w/r

23.00

Blue whiting w/r 21+

19.80-21.45

Blue whiting

12.00-22.15

Blue whiting backs

36.00

Note: The last table has been compiled by FISHNET specialists from internet offers of Murmansk traders, while the other preceding tables were contributed by Saint-Petersburg trading sources.

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