Icelandic cod prices sag as strong volumes, weak foodservice markets collide

The COVID-19 pandemic is having a far-reaching impact on important markets for Icelandic cod, but the industry remains positive -- if not bullish.

The current problems in South Europe combined with the large increase in the Barents Sea quota, means there is naturally a discussion about whether prices will fall further, but there are other markets looking to absorb the excess in supply.
The current problems in South Europe combined with the large increase in the Barents Sea quota, means there is naturally a discussion about whether prices will fall further, but there are other markets looking to absorb the excess in supply.Foto: Shutterstock
Published 21 February 2021, 20:42Updated 25 February 2021, 14:43
Atlantic codIcelandGroundfishNiceland SeafoodPacific cod