Tom Seaman

Historically, Russian H&G pollock prices are still some $600-700/t over the previous high at this time of the year, with an increase from West Bering Sea anticipated

The Norwegian H&G cod CIF China prices are closing in again on the all-time high hit in week eight of 2026, even with landings volumes up

‘Perfect storm’ hits EU pollock fillet market, driving US single-frozen PBO prices over $5,000/t for the second time in history; Chinese and Russian pollock blocks have never been at the current levels, based on UCN’s May assessment

UCN adjusted up its week 22 CFR China price assessment on 25cm-plus Russian H&G pollock by $20/t amid what seems like the calm before the storm in the H&G market

Price levels for Russian frozen H&G Atlantic cod are up in week 22, with some pressure and buyer resistance on high-priced Norwegian reported, sources told Undercurrent

‘The facility has delivered strong biological results in halibut production since 2024, and converting part of it into a dedicated broodstock unit secures a critical input for our continued scale-up,’ said Edvard Henden, CEO of Nordic Halibut

Pacific Seafood, whose owner Frank Dulcich has set a target to double its size by 2031, has been negotiating to acquire Ocean Beauty’s distribution business for some months now, UCN sources said

Iceland’s Brim is set to make a $47m return on the sale of its 50% in Polar Seafood Denmark, while also agreeing a price for cod oil producer Lysi for $81m less than initially announced

Delivered China prices for Russian H&G Atlantic cod remained firm at an all-time high level in week 23, with demand weak on Norwegian fish and prices under pressure

While the market is yet to fully settle and the main deals will come in the next week or so, UCN moved up its week 23 CFR China assessment for 25cm-plus Russian H&G pollock by $140/t, to a new all-time high