Only weeks into the "A" season, Alaska pollock industry members are already expecting another volatile year for both producers and processors.
"It will be better and it will be worse," one US-based trader told IntraFish.
Though prices for H&G Alaska pollock dropped from the sky-high levels of around $1,750 (€1,550) per metric ton at the end of last year to around $1,300 (€1,152) to $1,320 (€1,169) per metric ton in the New Year, there will be continued volatility in the market, he said.
Struggling Chinese processors, less financial strength of buyers, squeezed end-markets in Europe, coupled with the weakening Russian ruble and the strong US dollar could result in a dangerous mix, industry watchers agreed.
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