In the first week of September, the price of frozen H&G Atlantic salmon at Tokyo’s Tsukiji Wholesale Market ranged from JPY 750 to 800 per kilogram (USD 9.56 to 10.19 per KG), a rebound from recent lows of around JPY 700 in late June.
Rapid weight gains of Norwegian Atlantic salmon due to warm water temperatures had caused a glut that led to the June price decline. Global salmon production was up 30 percent in the first half of 2012 leading to a dramatic price drop of 35 to 40 percent.
The…
