RUSSIAN FROZEN FISH PRICES DROP
Russian frozen fish prices drop. Over the past period, from February 24 to March 1, 2020, in the wholesale segment of the Russian domestic market, the downward trend in prices for frozen fish mainly continued.
In the Far Eastern region, amid adverse global market conditions, overstocking of refrigeration capacities in the ports of Primorye and high railway tariffs, pollock continued to fall in price, the cost of which fell by another 5% to 97 rubles per kilogram.
Pacific herring also fell in price – by 1.8%, to 56 rubles per kilogram. Prices for other types of frozen fish have not changed. The cost of sockeye salmon, chum salmon and pink salmon remained at the level of 420 rubles, 190 rubles and 105 rubles per kilogram.
In the northwest, under the influence of increased demand from processors, prices for mackerel strengthened. Prices for a popular assortment of frozen fish have been stable.
In the central regions, under the influence of an increase in the supply of cheaper products from the fishing regions, the trend towards cheaper pollock also remained, the price of which fell by 4.1%, to 118 rubles per kilogram. The value of herring also decreased by 2.5% to 77 rubles per kilogram. Prices for chum and pink salmon remained at the level of 220 rubles and 135 rubles per kilogram. Prices for other types of frozen fish remained largely unchanged.
Retail prices are declining. The average level of consumer prices for frozen whole fish from February 18 to 24 fell by 0.1%.