Globefish European Fish Price Report

Issue 8/2020 August 2020

Index for prices Latest trends

Indications point to low demand in Europe, although the Asian Groundfish 8 market is picking up. Shrimp prices are increasing due to limited Flatfish 9 arrivals, especially from India. Tuna prices are also rising, as catch Tuna 10 restrictions have translated into lower landings. Summer is Small Pelagics 10 normally a major sales period for cephalopods and bivalves, but this year the impact of COVID-19 is still being felt by the restaurant Cephalopods 11 trade, especially in the main tourist areas. Prices for these species Crustaceans 12 are generally trending downward. Bivalves 14

Salmon 14 GROUNDFISH Trout 15 Freshwater fish 15 As the COVID-19 pandemic lingers on, its effects on the groundfish Non Traditional market are worsening. In particular, prices for fresh groundfish Species 15 are under pressure, while frozen and packaged products remain Seabass-Seabream- the preferred choice among consumers. Meagre 16 The European Fish Price Report, Consumption of wet-salted cod fillets from frozen raw material based on information supplied by industry correspondents, aims to (Gadus macrocephalus), and wet-salted cod fillets (Gadus provide guidance on broad price trends. morhua) from fresh raw material of Faroese and Icelandic origin Price information is indicative and has been affected by the arrival of the summer. As is typically the should be used only for forecasting medium- and long-term trends. FAO is case, the holiday season combined with the warm weather has led not responsible for any errors or to a drop in consumption of these kinds of products. At the same omissions. time, Southern European importers are currently distributing the stocks still remaining in their warehouses. The combination of these factors is expected to lead to a slight fall in price.

The COVID-19 pandemic has inflicted economic hardship on the European consumer, and has brought about a number of changes in consumer purchasing habits. Instead of buying

The Russian Scientific Fishery Institute has revised its quota advice for whitefish, and has increased the Alaska pollock quota slightly for 2021, to 3.2 million tonnes. Over the past ten years, Russia’s TAC has fluctuated between 2.76 million tonnes and Sole - origin: Netherlands 3.21 million tonnes. EUR/kg 25.0 16.20 The COVID-19 pandemic has inflicted 20.0 15.0 economic hardship on the European 10.0 consumer, and has brought about a 5.0 11.59 number of changes in consumer purchasing 0.0 habits. Instead of buying the more expensive “skrei” (spring cod from the Lofoten region), consumers are turning to gutted no 4 gutted no 2 the less expensive saithe.

TUNA - BILLFISHES

In general, there is little demand for canned tuna in the world market at present, but raw material prices are increasing as supplies contract.

The 3-month FAD closure in the Western and Central Pacific (WCP) is currently in force until the end of September and fishing is reported to be very poor. Thai canneries continue to report moderate raw material inventories for now. Skipjack prices have jumped sharply due to the extremely poor fishing and are expected to increase further in the coming weeks. TUNA - Pacific Ocean Catches in the Indian Ocean remain low USD/kg and COVID-19 continues to hamper 3.0 fishing efforts. Raw material inventories 2.5

at local canneries have fallen further and 2.0 1.70 are now at low levels. Skipjack and 1.5 1.60 yellowfin prices continue to increase. 1.0 0.5 The first 72-day IATTC ‘veda’ started on

29 July and 46 percent of the Eastern Skipjack Bangkok CFR Skipjack Ecuador, ex-vessel Pacific fleet has opted for this period. For the vessels still out fishing, catches have been moderate-to-low. In addition, the water temperature is reported to be very cold for this period of the year. Raw material inventories at local canneries are low and there is strong demand for raw material. Due to the ‘veda’, Skipjack price have risen sharply and continue to increase rapidly. Yellowfin prices are stable.

As catches in the Atlantic Ocean remain TUNA - Spanish canneries moderate-to-low, raw material inventories EUR/kg 2.20 have fallen to the same level as well. As a 3.0 result, both skipjack and yellowfin prices 2.5 continue to increase in Abidjan. 2.0 1.5 1.0 European prices for skipjack have 1.20 0.5 increased further while the price for yellowfin remains stable. The market price for cooked, single cleaned skipjack loins is Yellowfin > 10 kg, Spain CFR Skipjack main sizes, Spain CFR also rising.

TUNA - Indian/Atlantic Oceans TUNA - Loins

EUR/kg USD/Kg 3.0 9.5 2.5 2.10 8.0 6.5 2.0 2.08 6.85 1.5 5.0 4.60 1.30 3.5 1.0 1.10 2.0 0.5

Skipjack - frozen cooked loins, single cleaned, Spain/Italy DDP Skipjack, Seychelles, FOB Yellowfin, Seychelles, FOB Skipjack, Abidjan ex-vessel Yellowfin - frozen cooked loins, double cleaned, Italy DDP Yellowfin, Abidjan, > 10 kg, ex-vessel

SMALL PELAGICS

There were hardly any catches of small Mackerel - in Italy, freshorigin: France pelagics by the Polish fleet in August due to EUR/kg 4.0 the holiday season. In the Norwegian 3.5 mackerel fishery, prices have been 3.0 2.5 increasing strongly due to heavy demand 2.0 1.5 from Asia. Further price increases for this 1.0 0.5 product are likely. 0.0

fresh

CEPHALOPODS

The octopus season in Indonesia will start next month, coinciding with the arrival of the rainy season. Landings will consist of smaller sizes first, increasing as the December peak approaches. Price are still stable but demand remains weak.

With the shutdown of the catering SQUID - in Italy, origin: South Africa and restaurant sector in many EUR/kg countries, cephalopods are being 9.0 particularly hard hit. The summer 8.0 7.0 holidays are normally the high 6.0 8.60 season for octopus and squid 5.0 consumption in Europe, but there 4.0 3.0 will be no ‘normal’ summer season this year and demand for cephalopods is poor. At the same Squid - Whole, FAS, size M time, squid fishing off Argentina is very good and these supplies are putting further downward pressure on prices.

CRUSTACEANS

At the end of July, the Argentine ARGENTINA RED SHRIMP - origin: Argentina freezer fleet started production after one month of trade union EUR/kg discussions. The fishery is reported 10.5 9.0 to be very productive, which is 8.00 7.5 normal at the start of a fishing 6.0 7.90 season. High demand is reported in 4.5 7.90 Japan, but also surprisingly in 3.0 Europe, where coldstores are empty. This has led to a strong price > 10-20 pc/kg > 30-40 > 40-60 increase at origin, with prices for shrimp of all sizes now about EUR 1.00 per kg higher than just a month ago. However, now that the season is underway, prices have stabilized and may trend downward in coming months.

Shrimp prices in Indonesia have been CRAB - in France, origin: Europe rising continuously over the last 2 weeks. A lot of farmers had EUR/kg 6.0 previously halted production 2.64 5.0 activities due to the lockdown and 4.0 this means supply is now lower than 3.0 demand, and there is strong 2.0 competition among packers. 1.0

Crab and lobster demand is heavily 400-600 - 600-800 kg/pc dependent on restaurant sales, which have not returned to pre-COVID-19 levels, but it is hoped that the holiday season will help trade in tourist areas despite the much reduced numbers. Lobster sales, in particular, have been affected by poor sales of luxury products in general in the current market.

FRESHWATER FISH

Imports of pangasius into Europe have been impacted by COVID-19. Viet Nam, which is the main exporter of this species, reported a drop in exports. In the first five months of 2020, the United Kingdom of Great Britain and Northern Ireland imported some 4 800 tonnes, 20 percent less than in the same period of 2019. In the UK, frozen pangasius fillets are mainly used in the fish and chips fast food restaurant trade, which were closed during the lockdown. In line with shrinking demand, the unit value of pangasius fillets have fallen from USD 4.30 to USD 3.50 per kg. In the first five months of 2020, Spanish imports fell to 2 200 tonnes compared with 3 000 tonnes in the same period of last year. Similarly to the UK market, the unit value of pangasius imports declined from USD 3.00 to USD 2.60 per kg.

BIVALVES

Although restaurants in France are now MUSSEL BOUCHOT - in France open following the lifting of COVID-19 restrictions in June, social distancing EUR/kg measures and a lower density of 6.0 5.40 5.5 customers means a significant drop in 5.0 revenue and reduced aggregate demand 4.5 4.0 from the foodservice sector. Sales of 3.5 festive products are not expected to return 3.0 to normal for some time, particularly for shellfish such as oysters, mussels, crab Monthly average consumer prices in metropolitan… and lobster. A rise in COVID-19 cases and

the rate of infection is leading to fears of a second wave which is darkening the demand forecast for the post-summer period.

Oyster sales are reported to be very difficult, although the main winter consumption season now behind us. Producers will be hoping for some tourist activity on the coast during the summer season. The sector has gone through a particularly challenging period following the norovirus problems at the end of 2019 which had already negatively impacted oyster sales.

SALMON

Weak demand, particularly from Asian markets, is keeping prices for farmed Atlantic salmon relatively low for European producers. Although the Chinese economy has restarted, the market for imported salmon remains subdued, and this is exerting downward price pressure in Europe. The arrival of the traditional summer holiday period in various countries, as well as a number of infectious salmon anaemia (ISA) cases at European farms, are also contributing to worsening market conditions. According to the NASDAQ salmon index in week 32, aggregated export prices for fresh whole Norwegian Atlantics fell 18 percent over the 4 weeks prior, to NOK 44.79 per kg. This is a continuation of a decline from the temporary spike observed when COVID-19 Salmon - origin: Norway

restrictions were loosened in the second NOK/kg quarter. According to the most recent 100.0 90.0 57.42 figures from the Norwegian Seafood 80.0 70.0 Council (NSC), Norwegian salmon exports 60.0 50.0 40.0 44.63 fell 2 percent year-on-year in value terms 30.0 20.0 in July, down to NOK 5.6 billion. Volume 10.0 0.0 increased 6 percent to 94 800 tonnes. In the first 7 months of the year, the

cumulative total was 595 000 tonnes worth 3-4 kg 6-7 NOK 40.6 billion, approximately on a par with 2019 in both volume and value terms.

In the UK, prices for farmed Scottish Atlantics are following their Norwegian counterparts. As of week 33, reported prices for fresh whole Atlantics (3-6 kg) were GBP 4.40 per kg, having dipped as low as GBP 3.70 per kg in week 32.

As the end of the summer approaches, the salmon industry is gearing up for a difficult few months. While markets remain cautious following a resurgence in COVID-19 cases in several countries, a number of other factors will be contributing to more plentiful supply. Frozen inventories have been building up due to the evaporation of demand for fresh product, and this will eventually hit the market. At the same time, a large proportion of the fish that have been kept in the pens in anticipation of price increase will soon need to be harvested, magnifying the supply spike typically seen at the end of the summer. The combination of these effects will likely keep prices down at least

until November, even if economic reopening continues at a moderate pace. Forward prices at Fish Pool for August and September are stable at NOK 47 and NOK 45.60 per kg respectively. Though these levels are low compared with recent times, most salmon farmers should have built up something of a financial buffer after several years of healthy margins, demand growth and consistently high earnings. Later in the year, seasonal demand is expected to lift prices back up to near NOK 60 per kg by the end of December.

TROUT

Export prices for farmed Norwegian trout have fallen as market conditions have deteriorated, with reports for week 31 pointing to a year-on-year decline of 15 percent to NOK 41.95 per kg for fresh whole. According to the NSC, Norway exported 7 200 tonnes of trout worth NOK 345 million in July, a volume increase of 43 percent and a value decline of 15 percent. For the first 7 months of the year, the corresponding totals were 38 000 tonnes (+31 percent) worth NOK 2.2 billion (+11 percent).

SEABASS SEABREAM

Supply of farmed bass and bream has dropped sharply in all major European markets with the exception of Spain, which is importing significantly higher volumes this year to offset the losses experienced earlier SEABASS/SEABREAM - in Italy origin: Greece in the year due to storm Gloria. These losses, combined with lower EUR/kg 6.5 production targets in general, have 6.0 pushed prices up, particularly for bass. 5.5 5.0 4.80 This is in spite of the impact of COVID- 4.5 19 on seasonal foodservice demand, 4.0 3.5 4.68 which accounts for a major proportion 3.0 of the industry’s revenue.

Seabass fresh whole 300-450 gr/pc Seabream fresh whole 300-450 gr/pc At Mercamadrid in Spain, prices for 300-400 g fresh whole bream were at EUR 4.60 per kg in week 33, some 25 cent above the same week last year. For 600 g – 1 kg bass, prices in the same week were at EUR 6.90 per kg, a full EUR 1.40 above the same week in 2019. For some companies, the boost that this price effect has given to their sales figures is creating a sense of cautious optimism despite the difficult market environment, particularly for producers who have established more of a presence in retail.

Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

GROUNDFISH August 2020

Cod/Cabillaud, Morue/ Fresh gutted 1.74 2.07 Poland FOB Baltic Sea Bacalao Fresh - fillet 200-400 g/pc 7.22 8.61 Italy CPT Denmark Gadus morhua Fresh - Whole 1-2 kg/pc 7.35 8.76 + 2-4 8.49 10.12 + Fresh - fillet 100-200 g/pc 8.61 10.26 Poland 200-400 11.09 13.22 + Fillet - wet salted - 1st quality 700-1000 g/pc 9.70 11.56 DDP Iceland produced from fresh raw material Portion single frozen, 10% glaze 100-150 g/pc 8.95 10.67 CIF Stockfish 700 g/pc 24.00 23.00= DDP Norway Gadus macrocephalus Fillet - wet salted - 1st quality 400-700 g/pc 8.90 10.61 - CIF Denmark produced from frozen raw material Hake/Merlu/Merluza Minced block 1.83 2.18 = Namibia FOB Namibia Merluccius capensis for Spanish market IQF portion, trapeze 90-110 g/pc 7.95 9.48 Italy CIF Fillets, skin-on, interleaved, 115-170 g/pc 3.69 4.40 * Spain FOB Spain frozen on board 170-225 3.88 4.62 * Fillets, skinless, interleaved 55-115 g/pc 3.99 4.76 * frozen on board 115-170 3.99 4.76 * land frozen 170-225 4.58 5.46 * H&G, IWP, frozen on board 400-600 2.89 3.44 * 600-900 3.35 3.99 * Merluccius merluccius Fresh - whole 100-200 g/pc 4.92 5.87 + Italy CPT Croatia 200-300 4.33 5.16 - Fresh - gutted 100-200 g/pc 4.93 5.88 200-300 4.50 5.36 - 300-400 5.50 6.56 - 400-600 5.50 6.56 - H&G, IQF 1-1.5 kg/pc 2.68 3.19 * Spain FOB Spain 1.5-2 3.35 3.99 * 2-2.5 3.77 4.49 * Merluccius senegalensis H&G > 200 g/pc 1.35 1.61 * 150-250 1.68 2.00 * 250-450 1.98 2.36 * 300-450 2.17 2.59 * Merluccius hubbsi H&G, interleaved 100-200 g/pc 1.65 1.97 * Argentina 200-300 1.69 2.01 * 350-450 2.35 2.80 * 450-700 2.49 2.97 * 700-900 2.58 3.08 * 900-12000 2.69 3.21 * Fillets, skinless, interleaved 60-110 g/pc 3.49 4.16 * 120-170 3.65 4.35 * Fillets, skin-on, interleaed 60-120 g/pc 2.75 3.28 * Merluccius productus Fillet, PBO 2.69 3.20 = USA EXW USA Minced block 1.76 2.10 = Alaska pollack/Lieu H&G Russian Fed. Russian Fed. de l'Alaska/Colín >25 RUB 72.50 0.83 0.99 wholesale Vladivostok de Alaska >30 0.81 0.97 Theragra chalcogramma >25 1.59 1.90 wholesale Moscow Haddock/Eglefin/Eglofino H&G < 0.8 kg/pc NOK 14.50 1.38 1.64 Sweden FCA Norway Melanogrammus aeglefinus

Ling/Lingue franche/ Fillet - wet salted 1-1.5 kg/pc 5.50 6.56 Italy DDP Faeroe Islands Maruca Produced from fresh raw material Molva molva 1st quality Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc 5.79 6.90 - Italy CPT UK Rape 0.3-0.5 6.46 7.70 - Lophius spp. 0.5-1 9.37 11.16 - 1-2 9.57 11.40 - > 2 9.90 11.79 + Tails 300-800 g/pc 4.25 5.07 * Spain FOB Spain 500-1000 5.25 6.26 * 900-1500 6.25 7.45 * Blue whiting/Merlan bleu/ Landfrozen, IQF 8-10 pc/kg 0.75 0.89 * Bacaladilla Micromesistius poutassou Bogue/Boga Landfrozen, block 150-250 g/pc 0.75 0.89 * Boops boops

8 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

GROUNDFISH (cont.) August 2020

Bigeye grenadier/ Frozen on board, skinless 100-250 g/pc 1.55 1.85 * Spain FOB Argentina Grenadier à gros yeux/ H&G, interleaved 200-400 1.65 1.97 * Granadero ojisapo 200-500 1.69 2.01 * Macrourus holotrachys 500-800 1.75 2.09 * > 800 1.85 2.21 * Patagonian grenadier, Hoki/ H&G, interleaved 100-300 g/pc 1.45 1.73 * Grenadier de Patagonie/ 200-500 1.65 1.97 * Merluza de cola 500-700 1.75 2.09 * Macruronus megellanicus > 800 1.79 2.13 * John Dory/ Fresh whole 1-2 kg/pc 19.00 22.65 + France wholesale France Saint Pierre 2-3 19.20 22.88 + Pez de San Pedro Fresh - gutted 800-1000 g/pc 6.86 8.18 Italy CPT Senegal Zeus faber 1000-2000 7.20 8.58 Fresh- whole small 3.30 3.93 Mauritania FOB Mauritania headless medium 6.20 7.39 + for European market big 6.90 8.22 + FLATFISH August 2020

Turbot/Rodaballo Fresh - whole 0.5-1 kg/pc 4.00 4.77 - Spain CIF Spain Psetta maxima farmed 1-2 5.00 5.96 - 2-3 7.00 8.34 - 3-4 9.00 10.73 - Fresh - whole 0.4-0.6 kg/pc 6.70 7.99 Italy CPT Spain/Portugal farmed 0.6- 0.8 6.61 7.88 + 0.8-1 7.19 8.57 + 1-1.5 7.26 8.65 + 1.5-2 7.30 8.70 + 2-2.5 7.35 8.76 + 2.5-3 7.38 8.79 + 3-4 8.87 10.57 + Fresh - whole 0.5-1 kg/pc 11.04 13.16 Netherlands 1-2 16.58 19.76 2-3 16.23 19.34 3-4 19.95 23.78 > 4 24.50 29.20 Fresh - gutted 0.7-1kg/pc 9.24 11.01 + 1-2 13.93 16.60 + Sole/Sole/ Fresh - whole < 175 g/pc 7.25 10.80 Spain CIF Lenguado wild 170-200 14.70 17.52 Solea vulgaris 200-300 15.80 18.83 Fresh - whole 200-300 g/pc 21.60 25.74 France wild 300-400 24.70 29.44 No. 3 14.90 17.76 Italy CPT No. 5 6.34 7.56 - Fresh - whole No. 2 23.50 28.01 No. 3 18.78 22.38 Netherlands No. 4 14.73 17.56 Fresh - gutted No. 2 16.20 19.31 - No. 3 14.02 16.71 - No. 4 11.59 13.82 - No. 5 9.62 11.46 - European plaice/ Fresh - whole 300-400 g/pc 5.55 6.62 Spain CIF Plie d'Europe/ 400-600 4.70 5.60 Solla europea > 600 5.40 6.44 Pleuronectes platessa IQF, white skin-on, 25% glaze No. 2 6.05 7.21 Netherlands FOB IQF skin-off, 25% glaze 6.25 7.45 for Italian market European Flounder/ Fresh - fillets skin-on Large 5.65 6.73 Italy CPT Flet d'Europe/ skinless Large 6.41 7.64 Platija europea whole 2.52 3.00 Platichthys flesus 1.51 1.80 FCA Scophthalmus rhombus Fresh, whole 500-1000g/pc 7.41 8.83 Netherlands 1000-2000 12.98 15.47 Fresh, gutted 500-1000g/pc 8.78 10.46 + 1000-2000 13.55 16.15 + Cadenat's sole/ whole, IQF 12-15 cm 0.69 0.82 Spain fob Spain Sole de Cadenat Sortija de Cadenat Peguasa cadenati

9 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

TUNA/BILLFISHES August 2020

Tuna/Thon/Atún Skipjack - whole 1.34 1.60 + Bangkok CFR Western/Central for canning 1.09 1.30 FOB Pacific Ocean Skipjack - whole 1.43 1.70 + Ecuador Eastern Tropical Yellowfin - whole 1.85 2.20 = ex-vessel Pacific Ocean Skipjack - whole 1.30 1.55 + Seychelles Indian Ocean Yellowfin - whole 2.10 2.50 + FOB Skipjack - whole 1.10 1.31 + Abidjan Atlantic Ocean Yellowfin - whole > 10 kg 2.08 2.47 + ex-vessel Skipjack - whole 1.8-3.4 kg/pc 1.20 1.43 + Spain CFR Various origins Yellowfin - whole > 10 kg 2.20 2.62 = Skipjack - cooked & cleaned double cleaned 3.87 4.60 Italy DDP Solomon Islands loins - vacuum packed Yellowfin - cooked & cleaned double cleaned 5.76 6.85 Kenya/Mauri- loins - vacuum packed tius/Solomon Is. Skipjack > 1.8 kg/pc 0.95 1.13 - Tunisia CFR Seychelles 1.45 1.73 Ghana Yellowfin- whole > 10 kg 2.20 2.62 = Spain DAT Atlantic Ocean 3-10 kg/pc 1.77 2.11 Yellowfin- frozen loins 6.15 7.32 DDP Eastern Pacific Skipjack - whole > 3.5 kg 1.30 1.55 DAT Atlantic Ocean Skipjack- frozen loins 4.88 5.81 DDP Eastern Pacific Skipjack - cooked loins single cleaned 5.98 3.80 - Bigeye- frozen loins 5.98 7.10 Bigeye- whole > 10 kg 2.23 2.65 DAT Atlantic Ocean Skipjack - whole 1.76 2.10 Europe CFR Ecuador Yellowfin - pre-cooked loins double cleaned 5.46 6.50 + single cleaned 5.04 6.00 + Skipjack - pre-cooked loins 4.62 5.50 + for direct consumption Atlantic bluefin - whole 20-30 kg/pc 6.63 7.90 * Italy CPT Greece 30-50 6.99 8.33 * > 50 6.72 8.01 * Albacore - whole 4-9 kg/pc 4.25 5.07 * Italy 9-12 6.25 7.45 * > 12 6.50 7.75 * Swordfish/Espadon/ Fresh- whole 14.50 17.28 = France, wholesale Atlantic Pez espada Frozen- filet, vacuum 8.40 10.01 = Spain Xiphias gladius Fresh - gutted < 12 kg/pc 10.23 12.19 - Italy FCA Morocco Whole Mediterranean 13-18 10.11 12.05 - 19-25 10.11 12.05 - 26-35 10.19 12.14 - Whole Atlantic 19-25 8.62 10.27 26-35 8.62 10.27 36-50 8.33 9.93 > 50 9.88 11.78 H&G, skin-on < 10 kg/pc 4.98 5.94 * Spain FOB Spain 10-30 5.85 6.97 * 30-50 5.95 7.09 * 50-70 5.70 6.79 * 70-100 4.95 5.90 * 100-150 4.75 5.66 * > 150 4.55 5.42 * H&G, skin-on, broken 10-150 4.35 5.18 * SMALL PELAGICS August 2020

Mackerel/Maquereau/ Fresh - whole 2.85 3.40 Italy CPT Belgium Caballa 3.66 4.37+ UK Scomber scombrus 1.00 1.19 Croatia 2.58 3.08 - Norway 3.43 4.08+ France 4-6 pc/kg 3.75 4.47 Fresh - Fillets 5.60 6.67 butterfly cut 6.11 7.28 + Whole 2-3 pc/kg 1.29 1.54 Spain FOB Spain 3-4 1.29 1.54 Large 0.80 0.95 Mauritania FOB Mauritania Medium 0.75 0.89 for European market Small 0.75 0.89

10 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

SMALL PELAGICS (cont.) August 2020

Horse Mackerel/ Whole > 24 cm/pc 1.23 1.47 Morocco FOB for Morocco Chincard/ Jurel European market Trachurus spp Whole, IQF 2-3 pc/kg 1.29 1.54 * Spain FOB Spain 2-4 1.25 1.49 * 3-4 1.23 1.47 * 4-7 0.95 1.13 * 8-15 0.95 1.13 * 30-40 0.65 0.77 * 500-1000 g/pc 1.43 1.70 * Guinea 200-500 1.09 1.30 * Mauritania Herring/Hareng/Arenque Fresh - fillet 3.94 4.70 Italy CPT Denmark Clupeidae Fresh - whole 250-300 g/pc 0.81 0.97 Russian Fed. Russian Fed. > 350 1.52 1.81 wholesale Moscow 250- 300 g/pc 0.66 0.79 Russian Fed. > 300 0.87 0.70 wholesale Vladivostok > 250 0.61 0.73 70-100 g/pc 0.27 0.32 Poland FOB Baltic Sprat/Sprat/Espadín Fresh - whole 0.17 0.20 Sprattus sprattus Sardine/Sardine/ Sardina Fresh - whole 1.23 1.47 Italy CPT Croatia Sardina pilchardus 1.75 2.09 Spain 1.30 1.55 Italy 2.07 2.47 France Fresh - fillet 5.53 6.59 4.15 4.95 UK 2.39 2.85 FCA Spain Whole, IQF, 3% glaze 1.25 1.49 Croatia H& G 2.35 2.80 Italy IQF, skin-on, open butterfly fillet 2.45 2.92 * Spain FOB Morocco Fresh- whole 3.70 4.41 = France- wholesale France Anchovy/Anchois/ Boquerón Fresh 2.50 2.98 = Engraulis encrasicolus CEPHAPOLODS August 2020

Squid/Encornet/Calamar Whole S (< 18 cm) 7.40 8.82 Italy CIF South Africa Loligo spp. M (18-25) 8.60 10.25 L (25-30) 9.70 11.56 XL (>30) 9.70 11.56 Loligo vulgaris Fresh - whole 100-300 g/pc 13.60 16.21+ FCA Morocco 300-400 9.92 11.82 400-600 13.78 16.42 + 600-1000 12.45 14.84 + 12.30 14.66 Croatia Whole, IWP 3P 6.65 7.93 * Spain FOB Morocco 2P 8.25 9.83 * 31-35 cm/pc 8.89 10.60 * > 36 8.89 10.60 * Whole 2 small 3.85 4.59 Mauritania FOB Mauritania 3 small 3.65 4.35 for European market 4 small 3.50 4.17 small 5.75 6.85 medium 7.60 9.06 large 8.40 10.01 Loligo gahi Whole 10-12 cm/pc 3.95 4.71 * Spain FOB Argentina 12-14 5.89 7.02 * Illex argentinus Whole 6-12 cm/pc 0.95 1.13 * 23-26 3.55 4.23 * Tentacles 40-80 g/pc 5.45 6.50 * Tubes 19-23 cm/pc 4.69 5.59 * Octopus/Poulpe/Pulpo Whole - FAS T1 7.89 9.40 Morocco FOB, Morocco Octopus vulgaris T2 7.89 9.40 for Spanish market T3 7.89 9.40 T4 7.89 9.40 T5 7.78 9.27 Sushi slice 7 g/pc 9.62 11.45 Europe CFR Indonesia 100% net weight 9 10.92 13.00 boiled cut 7.65 9.10 100% net weight Flower type 1-2 kg/pc 3.78 4.50 90% net weight >2 4.71 5.60

11 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

CEPHAPOLODS (cont.) August 2020

Octopus/Poulpe/Pulpo Fresh 8.00 9.54 Italy CPT Croatia Octopus vulgaris 3.33 3.97 FCA France 10.88 12.97 - CPT Italy 1-2 9.67 11.53 + FCA Spain extra 7.70 9.18- CPT Croatia small 7.45 8.88 10% glaze T3 9.19 10.95 EXW Morocco T4 8.74 10.42 T5 8.41 10.02 = T6 7.91 9.43 T7 7.22 8.61 - Gutted T1 9.38 11.18 * Spain FOB T2 9.25 11.03 * T3 8.85 10.55 * T4 7.99 9.52 * T5 6.99 8.33 * Guinea T6 6.75 8.05 * T7 6.48 7.72 * T8 6.25 7.45 * Fresh 5.50 6.56 = France, wholesale Europe Frozen 11.00 13.11 = Eledone moschata Fresh - whole Mixed 3.90 4.65 - Italy CPT Croatia Small 6.25 7.45 - Medium 4.85 5.78 + Extra 2.00 2.38 - Frozen- whole 50-100 g/pc 4.25 5.06 CFR Yemen 100-200 5.17 6.15 200-300 5.17 6.15 300-500 5.17 6.15 400-600 5.17 6.15 600- 1000 5.17 6.15 500-1000 5.17 6.15 1000- 2000 5.17 6.15 Eledone cirrhosa Cleaned, block 100-150 g/pc 7.91 9.43 * Spain FOB Spain Cuttlefish/Seiche/ Frozen at land- whole block 100-200 g/pc 4.12 4.90 Viet Nam CIF Yemen Sepia 200-300 4.12 4.90 Sepia spp. >300 4.12 4.90 FAS- whole block 200-300 g/pc 3.99 4.75 300-500 3.99 4.75 500-1000 3.99 4.75 1000- 2000 3.99 4.75 Whole 200- 300 g/pc 3.07 3.65 + Europe CIF 300- 500 3.07 3.65 + 500- 1000 3.07 3.65 + 70-160 g/pc 3.98 4.74 * Spain FOB Spain 160-250 3.98 4.74 * CRUSTACEANS August 2020 Whiteleg shrimp/ PD, chemical treatment 31-40 pc/lb 7.31 8.70 Europe CFR Indonesia Crevette pattes 100% net weight 41-50 6.81 8.10 blanches/Camarón treated with non-phosphate 51-60 6.68 7.95 patiblanco 61-70 6.47 7.70 Penaeus vannamei 71-90 6.43 7.65 91-120 6.18 7.35 Argentine red shrimp/ Head-on, shell-on 10-20 pc/kg 8.00 9.54 + Spain EXW Argentina Salicoque rouge d'Argentine/ 20-30 7.90 9.42 + Camarón langostín argentino 30-40 7.90 9.42 + Pleoticus muelleri 40-60 7.90 9.42 + 10-20 pc/kg 6.45 7.69 * FOB 20-30 6.39 7.62 * Headless C1 9.40 11.20 * Italy CPT Whole L2 5.85 6.97 * Peeled IQF 20-40 pc/kg 12.90 15.38 * FCA Deep-water rose shrimp/ Farmed, organic, cooked 20-30 pc/kg 26.00 30.99 = France, wholesale Madagascar Crevette rose du large/ 30-40 22.00 26.22 = Gamba de altura/ 40-50 16.50 19.67 - Parapenaeus longirostris Farmed, cooked 40-50 15.50 18.47 +

12 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

CRUSTACEANS (cont.) August 2020 Norway lobster/ Fresh - Whole, 4X1.5 kg 31-40 10.30 12.28 Spain DDP Netherlands Langoustine/Cigala 41-50 8.52 10.15 Nephrops norvegicus Tails 40-60 13.35 15.91 Whole 00 pc/kg 17.25 20.56 CIF Scotland 0 14.25 16.98 Whole 6-9 pc/kg 14.21 16.94 * Italy CPT Denmark 11-15 9.44 11.25 * 16-20 7.43 8.86 * 31-40 5.58 6.65 * 41-50 3.90 4.65 European lobster/ Live - bulk 400-600 g/pc 28.00 33.37 - France delivered Ireland Homard européen/ 600-800 28.00 33.37 - to French vivier Bogavante Fresh - whole Large 27.50 32.78 Italy CPT UK Homarus gammarus small 29.49 35.15 400-600 g/pc 28.16 33.56 600-800 19.19 22.87 800-1000 21.00 25.03 > 1kg 21.00 25.03 + Live 14.00 16.69 Mauritania FOB Mauritania for European market Scalloped spiny lobster/ Whole 100-200g 12.61 15.00 Taiwan (Province of Yemen Langouse festonnée/ 200-300 14.29 17.00 China) CIF Langosta festoneada > 300 15.97 19.00 Panulirus homarus Whole, IWP 30-60 g/pc 13.45 16.00 Europe CIF 60-120 13.45 16.00 >120g 16.81 20.00 Edible crab/Tourteau/ Live, bulk T2 (13-16 cm) 2.64 3.15 - France Auction France Buey de mar 500-700g/pc 5.90 7.03 - Cancer pagurus >1 kg 6.20 7.39 - Spinous spider crab/ Fresh - female 5.30 6.32 Italy CPT UK Araignée européenne/ male 4.50 5.36 Centolla europea/ female 4.90 5.84 France Maja squinado male 5.50 6.56 + Fresh-female small 2.87 3.42 male small 3.30 3.93 +

13 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

BIVALVES August 2020 Oyster/Huître/Ostra Live No. 3 4.50 5.36 = France prod. Price/ Ireland/France Crassostrea gigas average export price 60-100 g/pc 17.50 20.86 Spain CIF Netherlands Italy Ostrea edulis 95-110 g/pc 17.65 21.04 Netherlands >130 14.62 17.43 Mussel/Moule/Mejillón Live - Bottom mussel Bulk 2.10 2.50 = France wholesale France Mytilus edulis 1.80 2.15 = Netherlands Mytilus galloprovincialis Live - Rope 60-80 pc/kg 2.00 2.38 = Spain Vaccum packed 30-40 pc/kg 1.95 2.32 Spain FOB Fresh - whole 1.92 2.29 - Italy CPT Italy Fresh- in skin 2.05 2.44 - FCA 1.92 2.29 - Spain Mytilus chilensis IQF - shell-off, 7% glaze 200-300 pc/kg 3.20 3.81 CIF Chile Razor shell/Couteau/ Fresh S 7.50 8.94 Spain CIF Ireland Navajas - Solenidae M 8.60 10.25 L 12.15 14.48 Live 10-12 cm/pc 3.80 4.53 Netherlands Great Atlantic scallop/ Fresh whole shell, roe-on 3.50 4.17 France wholesale France Coquille-St- Jacques/ Fresh whole shell, roe-off 3.40 4.05 Vieira Fresh, meat, roe-on 28.00 33.37 Pecten maximus Frozen, meat, roe-on 29.00 34.56 = Europe Frozen, meat, roe-off 29.00 34.56 = Fresh, whole shell, bulk, roe-on 27.50 32.78 - Retail Fresh, whole shell, bulk, roe-off 28.00 33.37 - SALMON August 2020 Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc 6.20 7.39 - France wholesale Norway Saumon de l'Atlantique/ 3-4 6.20 7.39 - Salmón del Atlántico 4-5 5.80 6.91 - Salmo salar 5-6 6.20 7.39 - 6-7 6.80 8.10 - 2-3 kg/pc 6.70 7.99 - Scotland Superior quality 7.50 8.94 - Smoked- Fillet, vaccuum 1-2 kg/pc 30.50 36.35 = reconstituted sides Fresh- Fillet 3-4 kg/pc 9.10 10.85 - Norway Smoked- Fillet, vaccuum 1-2 kg/pc 30.00 35.76 = reconstituted sides Fresh - gutted, head-on 1-2 kg/pc NOK 32.68 3.11 3.70 - Norway FOB Norway 2-3 NOK 36.94 3.51 4.19 - 3-4 NOK 41.66 3.96 4.72 - 4-5 NOK 44.63 4.25 5.06 - 5-6 NOK 48.28 4.59 5.47 - 6-7 NOK 57.42 5.46 6.51 - 7-8 NOK 59.39 5.65 6.73 - 8-9 NOK 61.22 5.82 6.94 - > 9 NOK 60.81 5.79 6.89 - Fresh 3-4 kg/pc 6.90 8.22 Spain CFR Norway 11.95 14.24 gutted, head-on 4-5 kg/pc 4.85 5.78 - Tunisia CFR 5-6 7.85 9.36 IQF - salmon slices 9.73 11.60 Europe CFR Fresh - salmon cubes 8x8x8 9.73 11.60 Fresh - Whole - Superior 2-3 kg/pc 4.39 5.23 - Italy DDP Norway 3-4 5.16 6.15 - 4-5 5.52 6.58 - 5-6 5.82 6.94 - 6-7 6.11 7.29 - 7-8 6.14 7.32 - 8-9 6.33 7.54 - 9-10 6.30 7.51 -

14 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area

SALMON (cont.) August 2020 Atlantic salmon/ Fresh- Whole 3-4 4.85 5.78 - Italy DDP Norway Saumon de l'Atlantique/ 4-5 5.12 6.10 - Salmón del Atlántico 5-6 5.42 6.46 - Salmo salar Fillet, cooked 5.09 6.07= FCA Italy IQF portion, 10% glazing 100-150 g/pc 10.00 11.92 Denmark TROUT August 2020 Rainbow trout/ Fresh 300-400 g/pc 4.00 4.77 = Italy CPT Italy Truite arc-en-ciel/ Gutted 150-300 g/pc 4.70 5.60 Trucha arco iris 300-500 g/pc 5.00 5.96 Oncorhynchus mykiss Fresh, Fillet 8.70 10.37 * Fresh, Fillet, skinless 7.27 8.67 * Fresh- whole 6.20 7.39 = France wholesale France Fillet 8.20 9.77 = Fillet, smoked 26.00 30.99 = Whole, gutted, bulk 12.08 14.40 Retail FRESHWATER FISH August 2020 Arctic char/omble-chevalier/ Fresh- whole 8.70 10.37 + France wholesale Europe Trucha alpina Salvelinus alpinus Nile perch/Perche du Fillet - skinless 300-500 g/pc 4.62 5.50 EU CFR Uganda Nil/Perca del Nilo Interleaved, 100% net weight 500-1000 5.42 6.45 Lates niloticus Fresh whole 200-400 g/pc 2.92 3.48 - Italy FCA yellow 200-400 g/pc 2.98 3.55 - red 200-400 g/pc 3.05 3.64 + Tanzania green 200-400 g/pc 3.03 3.61 + Fresh fillet 200-400 g/pc 3.70 4.41 400-700 3.63 4.33 Pike perch/Sandre/ - Fillet - skinless, PBI, IWP 500-1000 g/pc 5.42 6.45 Spain CFR Lucioperca Fresh- whole Average size 10.50 12.51 = France whoelsale Europe Sander lucioperca Fillet 12.00 14.30 + Fresh- whole 2-3 kg 12.00 14.30 + Nile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc 3.85 4.00 Spain CFR China Nil/Tilapia del Nilo non-treated, 10% glaze Oreochromis niloticus Pangasius Fillet, thawed 4.30 5.13 + Italy CIF Viet Nam Pangasius hypophthalmus

NON-TRADITIONAL August 2020 SPECIES Sturgeon/Sturgeon/ Frozen - Whole 1.5-2 kg/pc 6.50 7.75 = France CIF France Esturione Gutted 5-7 kg/pc 7.50 8.94 = Acipenseridae Fillets 200-300 g/pc 15.00 17.88 = 800-1000 15.00 17.88 = A.baeri Caviar (Aquitaine) metal boxes 995 1 186 = European eel/ Smoked Medium 47.00 56.02 = France wholesale Europe Anguille d'Europe/ Anguila europea Anguilla anguilla Dusky grouper H&G 3-5 kg/pc 5.04 6.00 Europe CIF Yemen Mérou noir/Mero moreno > 5 4.20 5.00 Epinephelus marginatus IWP, gutted > 3 kg/pc 4.20 5.00 Fresh whole 10-20 kg/pc 8.90 10.61 + Italy CPT Senegal 1-2 9.80 11.68 + 2-4 9.80 11.68 + > 20 7.62 9.08 White grouper/ Whole, gutted 3-5 kg/pc 5.46 6.50 Merou blanc/Cherna de ley 5-10 4.62 5.50 Epinephelus aeneus > 10 4.62 5.50 Whole, fresh 1- 2 kg/pc 8.80 10.49 + FCA Blue shark/ H&G, skin-on < 4 kg/pc 0.85 1.01 * Spain FOB Spain Peau bleue/Tiburón azul 4-7 0.85 1.01 * Prionace glauca 7-12 0.85 1.01 * 12-20 0.95 1.13 * > 20 0.75 0.89 * H&G, skinless < 4 kg/pc 0.85 1.01 * 4-7 0.85 1.01 * 7-12 0.85 1.01 * 12-20 0.95 1.13 * > 20 0.75 0.89 *

15 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area NON-TRADITIONAL August 2020 SPECIES (cont.) Crimson jobfish Whole, gutted 2- 3 kg/pc 2.82 3.35 Europe CIF Yemen Colas fil/Panchito hebra. 3- 5 2.90 3.45 Pristipomoides filamentosus 5- 10 2.90 3.45 Spangled emperor/ Whole, gutted 3-5 kg/pc 3.15 3.75 Empereur moris/ > 5 2.65 3.15 Emperador relámpago IQF, H&G 3-5 3.78 4.50 Lethrinus nebulosus > 5 3.78 4.50 Common dolphinfish (Mahi Whole, gutted 2-3 kg/pc 2.56 3.05 Mahi)/ Coryphène 3- 5 2.56 3.05 commune/ Lampuga 5- 10 2.56 3.05 Coryphaena hippurus SEABASS/SEABREAM/ August 2020 MEAGRE Seabass/Bar, Fresh - whole 200-300 g/pc 3.37 4.02 + Greece FOB Greece Loup/Lubina farmed 300-450 4.49 5.35 + Dicentrarchus labrax 450-600 4.76 5.67 + 600-800 5.81 6.92 - 800-1000 6.94 8.27 - > 1000 8.50 10.13 - 200-300 g/pc 3.57 4.26 + Italy CIF 300-450 4.69 5.58 + 450-600 4.96 5.91 + 600-800 6.01 7.16 - 800-1000 7.14 8.50 - > 1000 8.70 10.37 - 200-300 g/pc 3.62 4.31 + France CIF 300-450 4.74 5.64 + 450-600 5.01 5.97 + 600-800 6.06 7.22 - 800-1000 7.19 8.56 - > 1000 8.75 10.43 - 200-300 g/pc 3.61 4.30 + Spain CIF 300-450 4.73 5.63 + 450-600 5.00 5.96 + 600-800 6.05 7.21 - 800-1000 7.18 8.55 - > 1000 8.74 10.42 - 200-300 g/pc 3.64 4.34 + Germany CIF 300-450 4.76 5.67 + 450-600 5.03 6.00 + 600-800 6.08 7.25 - 800-1000 7.21 8.59 - > 1000 8.77 10.45 - 200-300 g/pc 3.62 4.31 + Portugal CIF 300-450 4.74 5.64 + 450-600 5.01 5.97 + 600-800 6.06 7.22 - 800-1000 7.19 8.56 - > 1000 8.75 10.43 - 200-300 g/pc 3.80 4.53 + UK CIF 300-450 4.92 5.86 + 450-600 5.19 6.19 + 600-800 6.24 7.44 - 800-1000 7.37 8.78 - > 1000 8.93 10.64 - 200-300 g/pc 2.81 3.35 + Italy FCA Greece 300-450 3.92 4.67 + 450-600 4.20 5.01 + 600-800 4.84 5.77 - 800-1000 6.35 7.57 - 1000-1500 7.86 9.37 + 1500- 2000 8.65 10.31 - > 2000 13.36 15.92 - Fresh - whole 200-300 g/pc 3.50 4.17 * Italy CIF Turkey 300-40 4.30 5.13 * 400-600 4.60 5.48 * 600-800 5.30 6.32 * 800-1000 6.50 7.75 * > 1000 8.40 10.01 *

16 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area SEABASS/SEABREAM/ August 2020 MEAGRE (cont.) Seabass/Bar, Fresh - whole 200-300 g/pc 4.50 5.36 Spain CIF Canary Island Loup/Lubina farmed 300-400 4.50 5.36 (Spain) Dicentrarchus labrax 400-600 4.00 4.77 600-800 4.30 5.13 800-1000 5.50 6.56 1000-1500 9.12 10.87 1500-20000 12.50 14.90 Fresh - whole - wild 600-800 10.13 12.07 - Italy CPT Egypt Mediterranean 800-1000 10.13 12.07 - 1000-2000 11.00 13.11 + > 2000 11.50 13.71 + Farmed - Orbetello Large 10.70 12.75 - FCA Italy Medium 9.70 11.56 - Small 7.60 9.06 + Gilthead seabream/ Fresh - whole 200-300 g/pc 4.20 5.01 = Greece FOB Greece Dorade royale/Dorada farmed 300-450 4.60 5.48 + Sparus aurata 450-600 4.70 5.60 + 600-800 5.30 6.32 = 800-1000 6.50 7.75 = > 1000 8.50 10.13 = 200-300 g/pc 4.40 5.24 = Italy CIF 300-450 4.80 5.72 + 450-600 4.90 5.84 + 600-800 5.50 6.56 = 800-1000 6.70 7.99 = > 1000 8.70 10.37 = 200-300 g/pc 4.45 5.30 = France CIF 300-450 4.85 5.78 + 450-600 4.95 5.90 + 600-800 5.55 6.62 = 800-1000 6.75 8.05 = > 1000 8.75 10.43 = 200-300 g/pc 4.44 5.29 = Spain CIF 300-450 4.84 5.77 + 450-600 4.94 5.89 + 600-800 5.54 6.60 = 800-1000 6.74 8.03 = > 1000 8.74 10.42 = 200-300 g/pc 4.47 5.33 = Germany CIF 300-450 4.87 5.80 + 450-600 4.97 5.92 + 600-800 5.57 6.64 = 800-1000 6.77 8.07 = > 1000 8.77 10.45 = 200-300 g/pc 4.45 5.30 = Portugal CIF 300-450 4.85 5.78 + 450-600 4.95 5.90 + 600-800 5.55 6.62 = 800-1000 6.75 8.05 = > 1000 8.75 10.43 = 200-300 g/pc 4.63 5.52 = UK CIF 300-450 5.03 6.00 + 450-600 5.13 6.11 + 600-800 5.73 6.83 = 800-1000 6.93 8.26 = > 1000 8.93 10.64 =

17 Fish Species Product Form GradingPrice per kg Reference Origin

Trade Name As stated EUR USD & Area SEABASS/SEABREAM/ August 2020 MEAGRE (cont.) Gilthead seabream/ wild 600-800 g/pc 17.47 20.82 + Italy FCA Morocco Dorade royale/Dorada 800-1000 18.63 22.20 - Sparus aurata 1000-2000 19.97 23.80 + > 2000 18.57 22.13 + farmed 200-300 g/pc 3.95 4.71+ Greece 300-400 3.95 4.71 - 400-600 4.37 5.21 + wild 400-600 g/pc 10.25 12.22 - CPT Egypt 600-800 10.25 12.22 - 800-1000 10.25 12.22 - 1000-2000 10.50 12.51 farmed Orbetello Large 10.70 12.75 = FCA Italy Medium 9.70 11.56 = 1-2 kg/pc 13.50 16.09 + Fresh - whole 200-300 g/pc 4.00 4.77 * Italy CIF Turkey 300-400 4.10 4.89 * 400-600 4.00 4.77 * 600-800 4.90 5.84 * 800-1000 6.50 7.75 * > 1000 7.50 8.94 * White seabream/Sar/Sargo Fresh 5.40 6.44 - Italy CPT Senegal Diplodus sargus 300-500 g/pc 9.60 11.44 Spain Japanese threadfin bream/ Whole 100-200 g/pc 1.64 1.95 Vietnam CIF Yemen Cohana japonaise/ 200- 300 1.89 2.25 Baga japonesa 300- 500 1.89 2.25 Nemipterus japonicus Whole, frozen at sea, block 100- 200 g/pc 2.32 2.76 USA CIF > 200 2.66 3.16 Santer seabream/ 500-1000 g/pc 6.96 8.30 * Italy CPT Oman Denté nufar/Dentón nufar 1000-2000 6.96 8.30 * Cheimerius nufar Meagre/Maigre Fresh - Whole 500-1000 g/pc 5.30 6.32 Italy FCA Greece commun/Corvina farmed 1000-2000 4.97 5.92 + Argyrosomus regius > 2000 5.18 6.17 + > 3000 5.50 6.56 + > 2000 g/pc 4.95 5.90 CIF wild 600-800 g/pc 6.30 7.51 CPT Egypt 800-1000 6.00 7.15 = 1000-2000 6.24 7.44 + 2000-4000 6.40 7.63 = 4000-6000 7.80 9.30 5-10 kg 7.30 8.70 - 10-15kg 8.50 10.13 Fresh- whole, wild > 1000 g/pc 11.20 13.35 + France wholesale France

18 The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit, William Griffin, Felix Dent, and Alessia Capasso.

PRICE REFERENCE PRODUCT FORM CURRENCY RATES (INCOTERMS 2010) C&P Cooked and Peeled US$ EUR CFR Cost and Freight FAS Frozen at Sea Canada CAD 1.32 1.57 CIF Cost, Insurance and Freight H&G Headed and Gutted Hungary HUF 293.83 348.53 CIP Carriage and Insurance Paid To HOG Head on Gutted (salmon) Norway NOK 8.83 10.51 CPT Carriage Paid To IQF Individually Quick Frozen USA USD 1.19 DAT Delivered at Terminal IWP Individually Wrapped Pack EU EUR 0.84 DAP Delivered at Place PBI Pinbone In Denmark DKK 6.25 7.45 DDP Delivered Duty Paid PBO Pinbone Off Russia RUR EXW Ex Works PD Peeled and Deveined 73.02 87.15 FCA Free Carrier PTO Peeled Tail On FAS Free Alongside Ship PUD Peeled, Undeveined Exchange Rates 10.8.2020 FOB Free on Board

SYMBOLS + Price increased in original currency since last report - Price decreased in original currency since last report = Updated but unchanged price * New insertion Not updated since last issue

GLOBEFISH Market Reports are available from the GLOBEFISH web site: www.fao.org/in-action/globefish

All rights reserved. No part of FAO/GLOBEFISH European Fish Price Report may be reproduced, stored in a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying or otherwise), without prior permission. Requests for use of this material (including purpose and extent) should be addressed to: GLOBEFISH - Fisheries Division8 - Food and Agriculture Organization, Viale delle Terme di Caracalla, 00153 Rome, Italy.