The trading arm of UK-based Princes Group, a subsidiary of Japanese seafood giant Mitsubishi, is seeing a notable surge in demand for Vietnamese pangasius, or basa, from European buyers amid the fallout from Russia’s war in Ukraine.
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Mitsubishi sees demand for farmed pangasius blocks surge as buyers turn away from Russian whitefish
Subsidiaries of the Japanese giant have everything in place to ramp up pangasius farming and block production so European buyers can wean themselves off Russian whitefish.
3 November 2022 4:00 GMT
Updated
3 November 2022 13:14 GMT
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