Major producers push new increases while fishmeal market stays firm

Feed prices across the aquaculture sector continue to surge, with leading companies such as Haid Group, Tongwei, New Hope Group, Aohua Group, and CP Group announcing fresh hikes on April 10–11.

Since March, prices have been rising steadily. but April has seen sharper jumps of up to 1,200 yuan per ton (around $170/ton). The latest round adds as much as 300 yuan per ton (about $42/ton) on products including standard feed, premium feed, and shrimp, crab, and catfish feed.

The surge is driven largely by strong fishmeal prices. In Peru, the north-central A-season opened on April 9 with a quota of 1.914 million tons, yet pre-sale prices for super steam fishmeal hit a record $2,550/ton.

Domestically, inventories exceed 150,000 tons, but tight supply keeps prices high at 16,400–19,000 yuan per ton (approximately $2,300–$2,660/ton).

The sustained rise is increasing pressure on farmers and signals continued volatility ahead.

Arctic Securities has raised its target price for Icelandic Salmon to NOK 128 (€11.52) per share from NOK 105 (€9.45), reiterating a Buy recommendation after incorporating the proposed Icelandic Aquaculture Law into its estimates.

The revised target reflects an 11% EPS upgrade for 2026 and a 27% upgrade for 2027, according to a note dated 13 April 2026. The stock is trading at NOK 74.5 (€6.71), down 10% year to date and 30% over the past year.

The proposed legislation replaces the current 4% revenue tax with a profitability-based resource tax linked to average industry EBIT per kilogram.

Source: SalmonBusiness | Read the full article here

Norway’s national broadcaster NRK is reporting that thousands of Mowi salmon have died en masse, without the authorities carrying out any formal investigation.

NRK says that the incident took place around six months ago at a fish farm in Nordfjord in Vestland county following a delousing operation. Apparently, the fish had major problems with their gills and did not get enough oxygen. The estimated death toll is 300,000 salmon.

The Norwegian Food Safety Authority inspected the farm when the slaughtering operation was being carried out and found they were met with clearly weakened salmon.

The main cause of the incident turned out to be a bloom of harmful algae in the water.

Author: Vince McDonagh / Fish Farmer | Read the full article here

Russia reported strong performance in its fisheries sector, exporting over 2 million tons of fish products in 2025, according to Ilya Shestakov, head of the Federal Agency for Fisheries. Total exports reached 2.1 million tons, valued at $6.1 billion.

Despite stable shipment volumes, export revenues showed positive growth, reflecting a favorable pricing environment and a rising share of high value-added products. Key export destinations included China, Republic of Korea, Netherlands, Belarus, Japan, Kazakhstan, and Nigeria.

Meanwhile, imports of fish and seafood totaled 718,000 tons worth $3.5 billion, with major suppliers being Belarus, China, Turkey, Chile, and Vietnam.

Authorities emphasized that boosting competitiveness and increasing the global recognition of Russian fish products remain top priorities. Efforts are also focused on ensuring domestic availability and promoting fish consumption across Russia, supported by growing cooperation between businesses and regional governments.

Retail chain Aldi Süd has announced a global policy to end eyestalk ablation in its shrimp supply chain by 2030 and implement electrical stunning for all of the farmed shrimp it sources by 2035.

With this move, all 11 of the U.K.’s major supermarkets have now set time-bound commitments on shrimp welfare.

Amid growing regulatory and public scrutiny, Aldi Süd’s shrimp pledge completes a shift that began with Sainsbury’s, M&S, and Tesco in 2024, followed by such retailers as Waitrose, Iceland Foods, Co-op, and Morrisons in 2025, and then Asda and Lidl GB earlier this year.

Author: Jason Holland / SeafoodSource | Read the full article here