Headed and gutted (H&G) Atlantic cod is selling at as much as $3,400 (€2,579) per metric ton, up from $3,150 (€2,389) at the end of March, a source in China told IntraFish.

The prices are now between $3,300 (€2,503) and $3,400 (€2,579), subject to deal conditions and specifications, the source told IntraFish.

The price of Norwegian cod has increased by 3 percent to 5 percent compared with the last two months, he said.

“We think cod prices are at the bottom,” said an executive with a trading company.