China John Dorey Market Update : October 31, 2017
Seafood suppliers advise Chinese John Dory catching will begin in November and end sometime in April
Seafood exporters and processors will likely start quoting prices sometime in November and first shipments are expected in late December
Seafood exporters have seen demand increase for John Dorey from markets in Europe and Australia but raw material supply is an ongoing concern.
Previous year’s catching quantities were unable to match importer demands and seafood suppliers are not optimistic for this year as Chinese fishing vessels are expected to end operations by end Jan 2018 due to Chinese New Year holidays in Feb 2018. Processors also expect prices to remain high if landings are as currently anticipated.