Icelandic frozen cod supplies to US in 'turmoil’ as inventories bulge

‘People are sitting on expensive inventory and do not want to sell it at a lower price.’

Prices for Icelandic cod went 'way too high' last summer, for a myriad of reasons, said a source. 'Everybody was screaming for product and bought at very high prices.'
Prices for Icelandic cod went 'way too high' last summer, for a myriad of reasons, said a source. 'Everybody was screaming for product and bought at very high prices.'Photo: Shutterstock
Published 22 June 2023, 04:00Updated 22 June 2023, 08:35