Christmas approach pushes up salmon prices, says supplier – Fishupdate.com

Christmas approach pushes up salmon prices, says supplier Published:  25 November, 2008

SALMON prices are beginning to harden with the approach of Christmas, says leading UK supplier M&J Seafoods in its latest market bulletin.

Demand for salmon always increases sharply during the run up the festive season and despite the economic downturn the position this year appears to be no different.

But so far the scale of the price increase is not excessive the larger six kilogramme variety of salmon are so plentiful at the moment that the price of this variety has actually come down, says M&J.

Another festive favourite is halibut and the end of the Canadian season means there will be no fish from Pacific grounds until the new season résumés in March. However, farmed halibut from Scotland and Norway are managing to fill the gap and the bulletin says that while supplies from these sources are plentiful prices will remain on the high side.

Cod and haddock supplies continue to come in from Iceland, the Faroes and Denmark with Shetland and Scottish boats further boosting availability. Both the Grimsby and Hull Markets opened the week with good availability and prices, although slightly on the high side, were not excessive. Grimsby FMA chief executive Steve Norton, said that given the time of year and weather conditions, supplies were in generally good shape and prices were reasonable.

The M&J report said there was no problem with supplies of tuna to UK markets, but bad weather in the Indian Ocean had impacted on shipments on other varieties of exotic fish.

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