Industry experts say the seabass and seabream sector is still doomed to another year of struggles, with oversupply and low prices spreading like wildfire in European markets.

Prices are expected to remain weak until the fall, mainly due to increasing supplies from of Turkish seabass and seabream, more so for the former than the latter, Paul Steinar Valle, who monitors the bass and bream markets for Kontali Analyse, told IntraFish.

Prices have been sliding since 2016, reaching their lowest levels in 2019 lagging at least 10-5 percent behind last year for sea bass and sea bream respectively for European markets.