Russian pollock giant not too concerned about China ‘slowdown’

Nakhodka Active Marine Fishery Base Public Joint Stock Company (NBAMR) has seen increased demand from Chinese processors in 2011.

Chinese consumption of Alaska pollock fillets will be 150,000 metric tons in 2011, said Andrey Buzin, deputy sales and marketing director with the largest Russian pollock fishing company NBAMR, citing a “very competent Chinese company” as the source.

This market is still huge, even if it is seen as “slowing down,” he said.  

One of the reasons for NBAMR’s increased profitability in the first nine months of 2011 is this increased demand for headed-and-gutted (H&G) and whole round pollock from processors in Dalian, “supposedly -- processing for the Brazilian and Chinese domestic markets,” Buzin told IntraFish.

In the first nine months of 2011, NMBAR’s export sales were 71,024 metric tons, worth RUB 3.39