Processors in China are experiencing the double blow of rising labor costs and slowing demand from U.S. and European buyers, with some looking to reduce volumes of lower margin species like Alaska pollock.
With the Chinese New Year approaching on Jan. 23, workers from plants will go home and companies are hoping most of them will return.
This is an issue for owners of processing plants in China that has been intensifying each year, but companies are now also faced with weak demand in Europe and the United States, sources based in China told IntraFish.
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