QINGDAO, China — Underlying News reported live from this year’s China Fisheries and Seafood Exhibition (CFSE), which was held from October 30 to November 1 at the Hongdao International Convention and Exhibition Center in Qingdao, China.

CFSE is China’s largest seafood trade show and takes center stage in the marketing calendar of international seafood companies in China. There were also many Chinese seafood companies.

You can recap all the news from the show’s second full day below:

Indian shrimp packers target Vietnam before China as prices firm

Indian vannamei shrimp exporters are targeting Vietnamese buyers who are currently offering higher prices than Chinese importers, according to industry sources at the show. Click here for more details.

Atlantic capelin roe demand remains stagnant despite zero TAC outlook

International buyers are maintaining a cautious stance on Atlantic capelin roe, despite forecasts predicting a zero fishing quota for the 2025 season, a sales manager for a major Icelandic pelagic fisherman said. Undercurrent. Click here to find out more.

Chilean mussel farmer ready to enter lucrative Chinese market

Manuelita Acuicultura, a major Chilean mussel grower, is making great progress in its plans to enter the lucrative Chinese market, said José Ignacio Lopez Anwadter, the company’s commercial director. Undercurrent. Learn more here.

Mowi aims for 20% sales growth in the Chinese market next year

Mowi, the world’s largest salmon farmer and pioneer of processing plants in Asia, targets 10-20% year-on-year growth in sales volumes in the Chinese market, chief executive said of its operations in China. Undercurrent. Learn more here.

Honduran shrimp producers pool resources in bid for Chinese market

Honduran shrimp producers have launched a unified marketing strategy to break into the competitive Chinese market, following the Central American country’s diplomatic transfer from Taiwan to China last year. Click here to find out more.

Clearwater Launches Frozen Ocean Clams to Asian Markets

Canadian seafood giant Clearwater Seafoods has launched frozen offshore clams in Asian markets, targeting the high-end sushi and sashimi segments after securing increased harvest capacity, company executives said . Learn more here.

Chinese tilapia prices could remain firm until May 2025

The price of farmed tilapia in China is expected to remain firm until the first half of next year, as fry production in October has not yet recovered from Typhoon Mojie, which made landfall in Hainan in September , said a company source on the island. . Read more details here.

Irish shellfish enters high-end Chinese market

Irish shellfish, such as brown crab and langoustine, have entered the Chinese foodservice and high-end retail markets, achieving strong sales performance, according to Conor O’Sullivan, China director of Bord Bia , the Irish Food Board. Learn more about his presentation here.

Irish seafood sales on the rise to China

From January to August 2024, Irish seafood exports to China increased by 35.6% year-on-year to €26.52 million, driven by increased seafood sales, according to O ‘Sullivan. Read more data from the Irish Seafood Trade Seminar at the show here.