STAG NEWS BITES is produced for Australian Seafood Exporters, containing important updates and informal translations of news from Asian media sources. Any information provided as part of this trade news service is general in nature. Before acting on any information provided, you should consider its appropriateness to your circumstances and business objectives.
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Market news from World Seafood Shanghai
Below is some market information generated from the 15th Shanghai International Fisheries Expo (World Seafood Shanghai) Seafood Expo which is the only international seafood trade show that has taken place this year.
1. The seafood companies who participated in the trade show and who operated at the venue this year can be found here (over 1,000 exhibiting companies):
2. A synopsis of the event on day 1. Salmon products were a hot topic with a forum organised to discuss the future of salmon with main production countries representatives. Norway facilitated an event to promote their seafood products other than salmon. Child-friendly seafood/fish was another hot topic. Children's snacks are a new investment area in China and this has been attracting a lot of attention, with many famous snack brands start to discover this section starting to get in on the action. Frozen seafood was another popular discussion topic at the expo with a focus on technology and safety.
3. The Expo has revealed that the salmon industry is still in recovery, with retail sales only recovering by 20%. Salmon exhibitors from many countries explained the current situation of their salmon industry to reporters and informed them that their traditional sales chain in to the catering industry was slowly recovering, so many suppliers have switched to retail. The Xinfadi seafood market COVID case has had a significant impact on sales.
4. All display products were required to be tested for COVID-19 and all came back negative. Products were all displayed in transparent showcases and no product tastings were allowed. New technology and equipment seemed to attract a lot of attention at the show.
M A R K E T N E W S
License requirement cancelled
Source: China Customs, 1st September 2020
Detail on the latest official announcement from the GACC No.99 document that aquatic products origin license requirement for export/import has been cancelled, which means for Australian seafood exporters, this paperwork is no longer required. The process is meant to become simpler and reduce costs and time. This announcement is also important from the aspect of disabling the rumours of seafood transferring COVID.
Seafood exporters confident
Source: Global Times, 30th August 2020
Despite the impact of the coronavirus outbreak and a fishery dispute, foreign participants in the seafood sector are still optimistic about the prospects for trade and cooperation with China.
To read more, click here
Lobsters mix with hip Chinese microbrewery
Source: Seafood Source, 31st August 2020
This year, the Cajun Crayfish Festival took place at Jing A, a microbrewery and restaurant chain in Beijing, that is often regarded as one of the hippest hang-outs in the Chinese capital.
To read more, click here
Tokyo restaurants continue on shortened hours
Source: Japan Times, 27th August 2020
A voluntary request to have food establishments operate under reduced business hours will be extended into next month.
Restaurants and eateries in Tokyo, including those that serve alcohol, have been asked to close at 10 pm.
To read more, click here
Guangzhou Seafood Expo 2020
Source: Seafood Guide, 1st September 2020
Guangzhou Seafood Expo 2020 will take place from the 24 - 26th September. The expo will incorporate an online and offline model for activities for global media, business owners, suppliers and importers.
The expo will focus on chilled transportation, the Shenzhen circle seafood operations (with a new 2020 policy) and a seafood cuisine competition.
To read the full article, click here
Australia is overly sensitive about beef suspension
Source: Global Times, 30th August 2020
Whilst this article may be about beef, it is of interest to seafood exporters as it reflects the current perceptions of Australia in China media at present.
To read the full article, click here
Other articles on the beef issue include:
STAG News Bites is a resource for Australian seafood exporters, currently funded by the Abalone Council Australia Ltd, Southern Rocklobster Ltd, Australian Abalone Growers Association, Western Rocklobster Council and the Fisheries Research and Development Corporation. We acknowledge past funding from the Australian Government Department of Agriculture and Water Resources, through the Package Assisting Small Exporters.
This STAG publication contains informal translation of foreign and Asian media. Any information provided as part of this trade news service is general in nature. Before acting on any information provided, you should consider its appropriateness to your circumstances and business objectives.
Copyright © 2020, Seafood Trade Advisory Group. All rights reserved.
