Farmed coho inventories in Japan are well below the five-year average, and prices are being quoted as high as JPY870/kilo ($8.56/€6.18 per kilo), according to Rodrigo Urzua, commercial manager at Puerto Montt-based Salmones Austral, parent company of coho producer Salmones Pacific Star and Atlantic salmon producer Trusal.
“Everybody is looking for coho, but nobody is ready to make a commitment,” Urzua said.
A buyer also told IntraFish no one really knows the "real number" of Japan's inventory.
"It's quite difficult to guess and there has been quite a bit of speculation," the source said.