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24 April 2012

Brussels Expo Day 1

Report on the first day of the European Seafood Expo.

Indeed another successful start. A lot of positive dynamics and trends visible.

Alaska Pollock
It seems to me that Chinese processors are not fully represented this year. Big players are here, but small ones are missing.
Good momentum: Chinese Processors seem to be securing orders from European buyers, which is always good news for us as their suppliers. Expect Alaska Pollock price to have support or even rise.

Wild Salmon
Demand is high and companies are trying to secure stock. One company was even interested to allocate debt facilities to secure supply.
Traceability, quality and sustainability are issues that processors talk about. I believe it’s a good trend.
MSC certification issue has become a lesser significance as I precept, and although I think that MSC is a great program, it always comes back to quality of individual product, and this is where the salmon buyers are very cautious.


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