Fishing Off-season & Rising Logistics Costs Keep Seafood Prices at High Levels

Fishing Off-season & Rising Logistics Costs Keep Seafood Prices at High Levels

    Recently, the domestic seafood market is facing tight supply and firm prices. Driven by the fishing off-season and surging freight costs, prices of various fresh seafood remain high with no sign of a notable decline in the short term.

    Currently, it is the traditional fishing off-season, coupled with the implementation of summer fishing moratorium regulations. Coastal fishing operations have been largely restricted, leading to a sharp drop in the supply of fresh seafood. Premium wild-caught fish, shellfish and shrimp are in short supply, which is the main factor propping up market prices.

    In addition to limited supply, climbing logistics expenses have further increased overall circulation costs. Fluctuating fuel prices, tight cold-chain transport capacity and higher cross-regional delivery fees have pushed up transportation costs significantly. As seafood requires strict cold-chain preservation and timely delivery, the rising logistics costs have been fully passed on to the market, keeping prices elevated.

    According to data from wholesale and retail markets, mainstream seafood products are maintaining high and stable prices. The market will likely stay in a state of tight supply, high costs and steady prices until the end of the off-season and a recovery in logistics.

    Amid the market changes, our company relies on well-established upstream supply channels and standardized cold-chain storage and logistics systems to guarantee consistent product quality and freshness. We keep optimizing the whole industrial chain to cut unnecessary costs, and strive to provide reliable high-quality seafood to meet our clients’ procurement demands.

    We will keep a close eye on fishing schedules, freight rates and market trends, and share timely updates with all partners. We are committed to delivering stable and professional supply chain services.

    Purchase Notice: Given the current shortage of goods and high market prices, customers with bulk or regular procurement plans are advised to place orders in advance to secure high-quality products and stable pricing.