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Coronavirus, added supply pushing Atlantic cod prices downward

October 5, 2020 — Atlantic cod has been a stable, steady commodity for the global seafood market in the past decade. And it will continue to serve that role in the coming years, according to a panel of cod experts assembled for a 1 October webinar, “Opportunities and Challenges in the Atlantic Cod Marketplace,” organized by Sea Data Center in cooperation with Maritech Solutions and SeafoodSource, and hosted by Sea Data Center Managing Director Anna Björk Theodorsdottir.

Global groundfish catches have been stable over the past three years, averaging 7 million metric tons (MT) each year. Of that, around 1.1 million MT has been cod, according to Finn Arne Egeness, a senior whitefish analyst at Helsinki, Finland-based Nordea Bank.

Read the full story at Seafood Source

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