The NMFS (National marine fisheries) and NOAA (National Oceanic and Atmospheric Administration announced new Dolphin Safe regulations late Tuesday aimed at strengthening the current policy as well as requiring the importer of record to obtain and maintain a “chain of custody” for the fish from catch through importation for a period of 2 years.
Prices of frozen whole skipjack tuna cfr Bangkok and Manta are still rising,with Manta reporting a severe lack of fish. Fish traders told FOODNEWS that transactions of frozen whole skipjack landed in Bangkok are being priced at USD1,600 per tonne, which represents a USD50/tonne increase against quotes as of the end of March.
Albacore raw material prices remained steady at levels ranging between $3,000 and $3050 per metric ton for good quality long line.
Supply out of Indonesia remains very limited and with the Indonesian Fisheries department continuing to halt foreign flagged vessels as well as prohibiting the importation of fish into Indonesia for processing finished goods.
Yellowfin raw material prices are firm. Trading levels are between $2,050-$2100 per metric ton. Much of the fish being harvested is large size (20-25 kg) and not suitable for the canning industry (larger fish has darker color).
Demand out of Europe has increased sharply over the past several weeks and with limited raw material supply at present. Overall the availability of Yellowfin is becoming considerably tighter.
Supply from 2 major source areas (Thailand, Vietnam) continues to be extremely limited, and no sign of improvement. Indonesia is only slightly better but still not showing any sign of a strong catch.
Tongol supply is expected to continue being extremely short/difficult throughout much of the 2nd
quarter of 2016 and spot shortages could be possible. Outlook is for very firm market conditions.
New Dolphin Safe Regulations