Because of this year’s lower pollock quota, continued strong demand for fillets in the European markets, and the high fuel costs, American pollock producers insisted on a ¥100 ($1.03/€0.81) per kilo increase.
More increases could be on the way, as suppliers and buyers await word of next year's Alaska pollock quota, which could be slashed by as much as 14 percent.
Rising surimi prices are spurring the development of new surimi plants in Vietnam, which produces surimi mainly for the Korean market.
