Cod prices are under downward pressure, but players in the industry do not feel a collapse like 2009 will happen this year.
The price for 1-2 kilogram headed and gutted (H&G) frozen cod raw material peaked at close to $4,000 (€3,145) per metric ton last year, but is now on the decline, sources in the fishing and trading sectors told IntraFish.
“Prices for 1-2 kilogram delivered China at the start of 2011 the year were around $3,500 (€2,752) per metric ton,” a sales executive for a frozen whitefish trading company told IntraFish.
“The
