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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. Photo: Shutterstock

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.

21 February 2021 20:42 GMT Updated 25 February 2021 14:43 GMT

By Dominic Welling

Strong Icelandic cod harvests and weak foodservice demand are conspiring to pressure prices, but suppliers say

Whitefish

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