Prices for premium seafood dip in China

Yellow croaker for sale in Ningbo, China
Yellow croaker for sale in Ningbo, China | Photo courtesy of Tada Images/Shutterstock
4 Min

The price of premium proteins, including seafood species such as croaker and salmon, have fallen in recent weeks in China.

Data collected from wholesale markets across China, reported by the China Agriculture Ministry, show weak price growth for key seafood species in line with a broader deterioration in protein prices.

The price for large yellow croaker in the first week of June at CNY 40.90 (USD 5.60, EUR 5.20) per kilo is down 3.2 percent on the same time last year, according to the data collected by China’s Agriculture Ministry from wholesale markets nationwide.

Pressure on premium species appears to also impact salmon. The wholesale price of fresh Norwegian salmon on, a China-based online shop, hit a 175-day low on 17 June, and average salmon prices fell 20 percent in the 10 days leading into 30 May, according to the Global Times. It blamed salmon prices in China on weaker global demand for the fish, as well as weaker consumer demand inside China.

The price movements appear to be part of a broader trend for ...

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