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DOWNWARD TREND FOR RUSSIAN WHOLESALE FROZEN FISH PRICES

DOWNWARD TREND

Downward trend for Russian wholesale frozen fish prices. Over the period from March 30 to April 5, 2020, the dynamics of prices for frozen fish in the wholesale segment of the domestic market in Russia showed mainly a downward trend.

In the Far Eastern region, sockeye salmon has fallen in price – by 4.8%, to 400 rubles per kilogram. The prices of cod, pollock and flounder also decreased – by 1.1%, 0.9% and 1.3%, to 173 rubles, 112 rubles and 74 rubles per kilogram, respectively. This is due to unstable export and domestic demand in the conditions of epidemic restrictions, as well as through the impact of coldstore inventories. Prices for other types of frozen fish have not changed. The cost of chum and pink salmon remained at the level of 190 rubles and 105 rubles per kilogram.

In the northwest, an increase in supplies from the field contributed to a decrease in haddock prices – by 1.1%, to 177 rubles per kilogram, and weakening domestic demand led to a downward price trend for herring, the cost of which decreased by 1.4%, to 71 rubles per kilogram. Prices for other types of frozen fish have not changed.

In the central regions, prices for the popular assortment of frozen fish were mostly stable, due to the closure of a number of wholesale and retail fish outlets and a decrease in consumer demand during the non-working week.

Retail prices are stable. The average level of consumer prices for frozen whole fish from March 24 to March 30 has not changed.

 

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