BackWholesale prices for red fish in Russia have increased sharply over the year
Wholesale prices for red fish in Russia have increased sharply over the year
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Лента.ру53 minutes agoBusiness1 min readRussiaView original

Wholesale prices for red fish in Russia have increased sharply over the year

The cost of sockeye salmon, chum salmon and pink salmon in the Far East has increased due to the disastrous salmon poutine

Quick Look

  • Over the year, wholesale prices for red fish in Russia have shown a sharp increase.
  • The cost of sockeye salmon increased by 36.1 percent, chum salmon by 73.9 percent, and pink salmon by 97 percent.
  • The reason was the failed salmon fishing season in the Far East.

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Why It Matters

In the Far East, salmon fishing started at the end of June, but it turned out to be a failure.

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Over the year, wholesale prices for red fish in Russia have increased sharply. Kommersant reports a rapid increase in the selling price of this popular delicacy among citizens, citing data from the Federal State Unitary Enterprise Natsrybresurs.

Towards the end of September, the wholesale price of sockeye salmon in the Far East reached 1.1 thousand rubles per kilogram. The annual increase was 36.1 percent. During this time, chum salmon rose in price by 73.9 percent, to 800 rubles, and the most affordable pink salmon - by 97 percent, to 650 rubles.

The rapid increase in wholesale prices for fish species in demand among the population, analysts indicated, began at the end of June. During this period, salmon fishing started in the Far East, which ultimately turned out to be a failure. By the end of the first month of autumn, production reached 98.4 thousand tons, although the initial forecast implied a much higher figure. The difference turned out to be more than double.

Open Questions

  • How will this affect retail prices in stores?
  • Will government support measures be taken?

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This article was originally published by Лента.ру.

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