Issue 04/2015 April LATEST TRENDS Demand for fishery products was strong in the last week before Easter, especially for traditional products such as carp. Prices were rising during this period. This trend subsequently came to an end, however, at present demand is quite hesitant, with very few sales. Prices have started to decline and this is expected to continue over the coming months. GROUNDFISH The cod season was off to a slow start in January 2015, and reduced landings saw prices holding firm. March landings were quite good, although the total for the first quarter of 2015 was far below the corresponding figure for 2014. Global cod landings have been on a rising trend for the past decade, but in 2015 landings are expected to decline slightly, due to reduced quotas (-100 000 tonnes) in the Barents Sea. German imports of frozen cod fillets continued to rise in 2014, increasing by over 20% in 2014 compared with 2013. Total imports amounted to 30 800 tonnes, up from 25 600 tonnes in 2014. Index for prices Groundfish 9 Flatfish 10 Tuna 11 Small Pelagics 11 Cephalopods 12 Crustaceans 13 Bivalves 14 Salmon 15 Trout 15 Freshwater fish 16 Non Traditional Species 16 Seabass-SeabreamMeagre 17 The European Fish Price Report, based on information supplied by industry correspondents, aims to provide guidance on broad price trends. Price information is indicative and should be used only for forecasting medium- and long-term trends. FAO is not responsible for any errors or omissions. The Alaska pollock A season opened in January 2015 with a larger quota SURIMI - in France, origin: Spain than last year. The Bering Sea quota EUR/kg for 2015 is 1.31 million tonnes, 3% 2,8 higher than in 2014. Less than half of the quota (40%) is allocated to the A 2,5 2.48 season, which will end in early June. 2,3 Pollock prices are very low at the moment, and the outlook is not good. 2,0 The depreciation of the euro against the dollar has had a major effect on pollock prices, making US pollock Stick 250 gr/pc more expensive for European buyers. Pollock roe prices, meanwhile, are at their lowest levels since the 1990s. The European market for Alaska pollock was mixed in 2014. The largest importer, Germany, increased imports of frozen pollock fillets by 2.4%, from 136 900 tonnes in 2013 to 140 200 tonnes in 2014. The main suppliers were China (61% of total) and the USA (30% of total). France, on the other hand, saw a slight decline in imports of frozen Alaska pollock fillets, from 50 900 tonnes in 2013 to 47 000 tonnes in 2014 (-7.7%). China is also the main supplier to the French market, accounting for 40% of the total, followed by Russia (22.8%) and the USA (21.3%). Argentinean hake is being diverted TURBOT - in Spain, origin: Spain from European markets to the USA, where demand is very strong. Over the EUR/kg last six months of 2014, Argentinean 16.90 hake prices increased by 5% as a result 19,0 17,0 15,0 of this strong demand. Prices are 13,0 11.15 expected to stay at this level. 11,0 9,0 7.55 Argentinean exports of hake fillets to 7,0 5.80 5,0 Europe are expected to decline while these price levels are sustained. Less frozen hake fillets were imported into Fresh - whole, cultured 0.5-1kg/pc 1-2 kg/pc the European market in 2014 compared 2-3 kg/pc 3-4 kg/pc with 2013. Germany reported a slight decline in imports, from 10 000 tonnes to 9 600 tonnes, while Italy also imported less, from 29 200 tonnes to 25 200 tonnes. For Germany, the main suppliers were Peru and Namibia, while for Italy the main suppliers were the USA, South Africa and Namibia. TUNA - BILLFISHES Little has changed in the Western and Central Pacific, with moderate tuna catches continuing. Thai canneries continue to report low production activity while raw material inventory continues to be at moderate-to-high levels. Fishing in the Eastern Pacific continues to improve, with mainly skipjack being landed. The situation at local canneries in Ecuador is similar to Thailand, with inventories at moderate-to-high levels and low factory 2 activities. Tuna vessels in the Atlantic Ocean are experiencing poor-tomoderate fishing. Inventories at local canneries remain healthy. Fishing in the India n Ocean is poor, although local canneries are still sufficiently stocked at the moment. TUNA - Pacific Ocean USD/kg 3,0 2,5 2,0 0.99 1,5 0.92 1,0 0,5 Effective from mid-January 2015, the EU banned all imports of fishery Skipjack Bangkok CFR products from Sri Lanka including tuna Skipjack Ecuador, ex-vessel due to the non-compliance of IUU regulations. This has resulted in higher imports of raw tuna from the Maldives, a country which is not on the EU black list with regard to IUU fishing, into Sri Lanka for re-export processing of fresh and frozen tuna loins. Demand for direct imports of tuna from the Maldives has also increased in the EU market, with the export price increasing significantly by 50-60%, from USD 12 per kg in March 2014 to USD 25 per kg in March this year (all air-flown). This price shift is significant given that demand for this product group is generally low in the EU during the winter season. At this high price, cheaper tuna loin exports from Indonesia to the EU are likely to rise in 2015. TUNA - Indian/Atlantic Oceans EUR/kg 3,0 2,5 1.60 1.55 2,0 1,5 1,0 0.90 0.90 0,5 Skipjack, Seychelles, FOB Skipjack, Abidjan ex-vessel Skipjack, Seychelles, FOB In 2014, import prices of canned tuna weakened considerably. However, the EU market did not respond to this development as both imports of canned tuna for direct consumption as well as for reprocessing decreased. Overall imports of processed tuna (HS 160414) into the EU, including cooked loins, totaled 487 600 tonnes in 2014, roughly on a par with the 2013 figure. Yellowfin, Seychelles, FOB Yellowfin, Abidjan, > 10 kg, ex-vessel Yellowfin, Seychelles, FOB The leading suppliers in order were Ecuador, Mauritius, Thailand, Seychelles, and the Philippines. Mauritius and the Philippines increased their exports to the EU while the others reported declines. The top five EU import markets were Italy, France, the UK, Spain and Germany. SMALL PELAGICS Increased mackerel supplies have forced prices down. The winter mackerel season in the North Atlantic produced ample supplies, which led to a softening of prices for some sizes. Larger sizes (400-600 g) were in good supply, while supplies of smaller sizes (200-400 g and 300-500 g) were tighter. Smaller sizes have been in greater demand in Africa, while 3 the larger sizes have been shipped mainly to Japan. During January and February 2015, Scottish vessels caught about 88 000 tonnes of mackerel, whereas Ireland caught roughly 39 200 tonnes. It is now expected that no more mackerel will be caught until September, and as cold storage holdings will be depleted in the months to come, prices could firm up. Currency exchange rates have also played a major role in mackerel pricing lately. The US dollar has appreciated against the Norwegian krone, and this has resulted in lower prices quoted in US dollars, while Norwegian exporters have received stable prices in Norwegian krone. The weak Norwegian krone may also have contributed to the drop in mackerel prices for shipments to Japan, which prefers the larger sizes. Herring prices came up during the winter due to tighter supplies, and are now expected to continue to edge upwards. The outlook is for tighter supplies for all small pelagics (except anchovies), and consequently firmer prices. The Russian import ban imposed on western countries has benefitted Icelandic exporters, as the country was not affected by the ban. Indeed, Icelandic exports of herring fillets to Russia tripled last year, from 7 000 tonnes in 2013 to 23 000 tonnes in 2014. The sardine fishery in Portugal has had a period of six months of inactivity due to a previous decline in landings and consequently reduced quotas. Over the past six years, catches of sardines in Portuguese waters have declined from 65 000 tonnes in 2008 to just 15 000 tonnes in 2014. The European canned sardine market is still relatively stable. Imports during 2014 did not differ much from imports in 2013. Germany imported slightly less in 2014 (6 800 tonnes) compared with 2013 (7 200 tonnes). The main suppliers to the German market were Morocco, Peru and the Netherlands. France imported practically the same amount (16 800 tonnes) as in 2013, mainly from Morocco, Portugal and Spain, while the UK also reported very little change at 12 400 tonnes. Main suppliers to the UK were Morocco, Portugal and Thailand. CEPHALOPODS 2014 was a bumper year for production of octopus. Total octopus production rose to about 370 000 tonnes, which is the highest level since 2009. The main producer was China, which accounted for over 120 000 tonnes, followed by Japan (ca. 35 000 tonnes) and Mexico (ca. 34 000 tonnes). Italian octopus imports increased by 9% in 2014, to 46 200 tonnes. Thus, it appears that Italian imports are heading towards the same level as in earlier years. In 2009, for example, Italy imported 55 000 tonnes of octopus. The main supplier in 2014 was Morocco, accounting for 21% of total imports, but registering a major decline in shipments (-31.5%). Spain retained second place with 7 500 tonnes (16.2% of total), followed by Mexico (11%). Mexico recorded healthy growth in shipments to Italy, with a 45.7% increase in exports. Spain also increased its imports of octopus in 2014, from 41 800 tonnes in 2013 to 44 200 tonnes in 2014 (+5.7%). The main supplier is neighbouring Morocco, which accounted for 18 900 tonnes or 42.8% of total imports. Other major suppliers included Mauritania (7 200 tonnes or 16% of total) and Portugal (6 400 tonnes or 14.5% of total). Statistics show that Morocco and Portugal lost market share in Spain, while Mauritania gained. 4 Global squid production appears to be SQUID - in Italy, origin: South Africa declining slightly, although over the past six years landings have been EUR/kg 8,0 relatively stable at around 3 million 7,0 tonnes. China is the most important 6,0 supplier, accounting for about 900 000 5,0 5,80 tonnes in 2014, followed by Peru (ca. 4,0 510 000 tonnes), Republic of Korea 3,0 (280 000 tonnes), and Japan (210 000 tonnes). European imports also declined somewhat in 2014. Italy Squid - Whole, FAS, size M imported 72 900 tonnes, which was 7% below the previous year. Of the major suppliers to Italy, only Thailand registered an increase in export volume. On the Spanish market, imports declined from 97 100 tonnes in 2013 to 92 400 tonnes in 2014 (-4.8%). Practically all major suppliers suffered declining shipments, except the USA, which increased exports to Spain from 1 300 tonnes in 2013 to 5 000 tonnes in 2014. Squid prices took a dive on the European market during the first few months of 2015. Landings are expected to be bit lower during 2015, and this will have some effect on prices. On the octopus market, supplies might be a little tighter this year, especially in Japan, and therefore prices are expected to improve moderately. The same is true for the cuttlefish market, where trade is cooling off. CRUSTACEANS In general, consumer demand for shrimp did not improve much in Europe during 2014. However, compared with 2013, the EU imported more shrimp following the availability of cheaper vannamei shrimp from Ecuador, India and Viet Nam. The price-sensitive EU markets also imported lesser quantities of black tiger shrimp, which impacted exports from Bangladesh. WHITELEG SHRIMP - origin: Ecuador USD/kg 11,0 9,5 8,0 6,5 7.40 5,0 3,5 The top six import markets in the EU 40-50 pc/kg were Spain, France, Denmark, the UK, the Netherlands and Italy in order of ranking. Imports increased in Spain (+4%), the Netherlands (+ 28%) and Italy (+10%) as well as in Germany and in Belgium by 5% each. Among these countries, Denmark is the major reprocessing center. Imports into the Netherlands and Belgium are distributed to the other EU markets, including Spain, France, Italy and to East European markets. Meanwhile, the weakening of the euro is likely to reduce imports to the EU in the coming months. 5 Argentine red shrimp started one month later than in 2014, but despite fewer catches, prices tended downwards. The reason was a combination of the low euro, limited demand and holdings of 2014 shrimp still in the coldstores. Easter showed a temporary improvement in prices, but after Easter demand vanished and prices started to decline. ARGENTINA RED SHRIMP - origin: Argentina EUR/kg 10,5 7,5 8.50 7.30 7.10 6,0 7.00 9,0 4,5 3,0 > 10-20 pc/kg > 20-30 > 30-40 > 40-60 > 60-80 The likely end of the US embargo on Cuban products will have an important impact on the lobster trade, and the supply of lobster in the EU market. With some up and downs, Cuba supplied during the years of the embargo 15 000 tonnes of lobster to the EU market, which now is likely to be diverted to the lucrative and nearby US market. Price increases of lobster in the EU market are expected once the US embargo on Cuban products will be lifted. BIVALVES For 2014, EU imports of mussels reached 198 100 tonnes, which is 4.2% lower compared with the yearly average recorded in the six year period (2009-2014). At 224 700 tonnes, 2014 was actually the lowest year for imports during this period, with 2011 the peak year. During this six year period, France was the most important importing country with a 27% market share followed by Italy (20% market share), Belgium (14%) and the Netherlands (13%). 2014 was unique in that France and Italy both increased their import volumes by 2.5% and 4% respectively. Imports into the Netherlands dropped significantly by 29.9% (8 100 tonnes). EU imports of scallops declined by 7.3% (-3 900 tonnes) in 2014 compared with 2013. With only 50 400 tonnes imported, 2014 marked the lowest trade year in the six year period from 2009-2014. The yearly average over this period was 57 100 tonnes. France and Spain, the two largest EU scallops markets, saw their imports decline by 13% and 26% respectively. Combined, these two countries imported 5 300 tonnes less in 2014 compared with 2013. France, the leading EU importer of scallops, reduced its market share from 45% in 2009 to 37% in 2014. Likewise, the share of the second largest buyer, Spain, fell from 20% to 14%. Meanwhile, smaller markets, including the Netherlands, Italy, Belgium and Denmark, experienced a combined increase in their share of imports, from 21% in 2009 to 35% in 2014. An increasing amount of farmed and wild bivalve products complying with quality or environmental standards will be sold on the market in 2015. Labelling may possibly lift prices and improve the economic situation of producers in this period of high competition and losses due to climate change. As evidenced in recently published scientific findings, ocean acidification remains a significant potential threat for marine bivalves. 6 SALMON According to the Norwegian Seafood Council (NSC), increased export volumes in Q1 2015 boosted total export value of Atlantic salmon despite the relatively lower prices compared with 2014. The NSC reports an average export price for fresh whole salmon of NOK 42.55 per kg for the quarter, 9% lower than the same period last year, with volumes 11% higher at 243 300 tonnes and total value up 5% to NOK 536 million. Norway continues to export relatively greater quantities of salmon to the EU, the US and Asia, compensating for a drop in exports to Eastern Europe and in particular, the Russian Federation . Prices have been trending downwards since the beginning of the year, and in week 14, Fish Pool reported an average price of NOK 41.88 per kg for 3-6 kg fresh whole Atlantics. The krone is currently substantially weaker than the euro compared with the exchange rate last year, which should help exporters and increase NOK prices, but high fish growth rates are pushing against farm biomass ceilings, which in turn means more fish must be harvested. This necessity grew more pronounced as the end of a temporary increase in biomass limits was set to end on 1 April. The relatively greater quantities of large salmon being harvested also suggests there will be increased volumes harvested later in the year, and Q2 and Q3 forward prices have been revised downwards slightly. In the UK, a drop in exports to the US in the first two months of 2015, accompanied by a price fall, has seen total export value drop by some 26% in the first two months of the year. For the rest of the year, salmon prices can be expected to drop steadily until the end of the summer before rising on seasonal demand towards Q4, as per the typical pattern. TROUT Exports of Norwegian trout continue to TROUT - Ex-farm prices in Italy languish well below previous highs, following the Russian import ban. Prices EUR/kg 3,5 and volumes are substantially lower, 3,0 and the latest figures from the Norwegian Seafood Council (NSC) show 2,5 a NOK 165 million decrease in the 2,0 value of Norwegian trout exports in the 1,5 first quarter of 2015 compared with the same period in 2014. Italian trout was in very short supply Trout: Salmo spp Rainbow Trout: Oncorhynchus mykiss during the lent season, and prices grow strongly. The ex farm price for trout reached a record of Eur 3.20/kg in April 2015. 3,20 2.80 FRESHWATER FISH Lent season is a traditional sales period for carp, and carp producers experienced a strong increase in prices during this period. Now that Easter is over, prices are likely to normalize. 7 Pangasius - in Spain, origin: Viet Nam In 2014, the EU imported 31 100 tonnes of tilapia, an 8.2% decline from 2013. Of that total, 58% was comprised of frozen fillets, 42% of whole frozen and a small volume of fresh fillets. Spain, the Netherlands and the UK showed positive growth for tilapia imports in 2014 compared with the previous year while other EU countries USD/kg 3,5 3,3 3,0 2,8 2,5 2,3 2,0 1,8 1,5 2.55 2.50 Fillets - interleaved, 20% glaze, skinless, boneless, belly-off Fillets - IQF, white, 20%, 1kg poly bag SEABASS - SEABREAM - MEAGRE Improved conditions in 2014 for seabass and seabream producers continue into 2015 as demand picks up and supply tightens. Both Greece and Turkey benefitted from improved prices in 2014 after a period of steadily increasing supply driven by the expanding Turkish industry. The growth phase, at least in SEABASS/SEABREAM - in Italy origin: Greece terms of production volumes, now looks as if it has come to a halt for the EUR/kg foreseeable future. Turkish producers 6,5 6,0 have managed to establish their 5,5 products in old and new markets and 5.20 5,0 4.80 4,5 will now seek to take advantage of the 4,0 higher prices and increase their 3,5 margins through marketing efforts, 3,0 value addition and technical improvements at the farm level. Seabass fresh whole 300-450 gr/pc Seabream fresh whole 300-450 gr/pc The Greek industry must now follow a similar direction, although its current EUR/kg restriction to traditional European 10,0 markets may prove somewhat of an 9,0 7.00 obstacle. Debt restructuring and 8,0 7,0 7,00 consolidation talks in Greece are 6,0 continuing in 2015, and at the beginning 5,0 of April 2015, the stock market 4,0 responded positively to improved financial results and merger rumors relating to two of the largest farming 1000-2000 gr/pc fresh whole 2000-4000 companies, Selonda and Dias. Meanwhile, other producers such as Spain are also seeing the benefits of improved prices in early 2015. MEAGRE - in Italy, origin: Egypt 8 Fish Species Product Form Grading Trade Name Price per kg As stated EUR Reference Origin & Area USD GROUNDFISH April 2015 Cod/Cabillaud, Morue/ Fresh gutted 1.24 1.31 Poland FOB Baltic Sea Bacalao IQF portion, single frozen 100-150 g/pc 6.20 6.60 + Italy CIF Iceland Gadus morhua Fresh - fillet 100-200 g/pc 4.53 4.82 - CPT Denmark 200-400 6.15 6.54 = 1-2 kg/pc 5.25 5.59 = Europe DDP Norway CFR China Italy DDP Iceland Fresh - Whole 2-4 5.64 6.00 = no quotation Single frozen Industrial block Fillet - light salted, skin-on, IQF 500-1000 g/pc 4.01 4.25 2.65 2.82 8.80 9.36 - 100% net weight Minced - baby food grade Fillet - wet salted - 1st quality 700-1000 g/pc produced from fresh raw material Gadus macrocephalus Stockfish 700 g/pc Fillet - wet salted - 1st quality 400-700 g/pc 18.50 19.68 = Norway 7.70 8.19 + CIP Denmark 1.58 1.68 = Namibia FOB Namibia produced from frozen raw material Hake/Merlu/Merluza Minced block Merluccius capensis for Spanish market H&G, IWP 100-200 g/pc 1.80 1.91 350-500 2.20 2.34 500-800 2.60 2.77 2-4 oz/pc 3.20 3.40 4-6 3.75 3.99 6-8 3.95 4.20 8-12 4.35 4.63 IQF portion, trapeze 90-110 g/pc 5.45 5.80 - HG 150-250 gr/pc 1.81 1.93 350-500 1.99 2.12 * 100-200 g/pc Fillet skin on Merluccius gayi Spain FOB DDP 1.56 1.65 H&G 1.32 1.40 Merluccius productus Fillet, PBO 3.11 3.30 = Alaska pollack/Lieu Industrial block single frozen na de l'Alaska/Colín Industrial block double frozen na de Alaska Fillet, IQF Theragra chalcogramma Fillet, baby food quality H&G Italy CIF * Argentina Europe CFR Peru Spain CIF USA Ecuador Europe CFR China 2-4 oz 4.00 4.26 DDP 25+ 1.57 1.67 + Russia 30+ 1.69 1.80 wholesale Moscow Surimi (Alaska pollack) Stick - Paprika 250 g/pc Saithe/Lieu noir/ Fillet - interleaved 200-400 g/pc 2.48 2.64 = no quotation Pollachius virens Fillet - skinless, PBI, interleaved 16-32 oz/pc 5.20 Monkfish/Baudroie/ Fresh - Tail < 0.3 kg/pc 4.65 Rape 0.3-0.5 6.80 7.23 = Lophius spp. 0.5-1 10.33 10.99 = 1-2 10.92 11.62 = >2 12.13 12.90 = Russia France CFR Spain Europe CIF Faroe Islands 5.53 + Spain DDP Iceland 4.95 + Italy CPT UK Carbonero (Pollock, Coley) Fresh - whole 0.5-1 kg/pc 5.20 5.53 + FCA France Tails, skinless 100-250 g/pc 5.75 6.12 Spain DDP Namibia Frozen at land 250-500 6.75 7.18 100% net weight 500-1000 8.00 8.51 > 1000 8.75 9.31 9 Fish Species Product Form Grading Trade Name Price per kg As stated EUR Reference & Area USD GROUNDFISH (cont.) Haddock/Eglefin/Eglofino Origin April 2015 H&G < 0.8 kg/pc Ling/Lingue franche/ Fillet - wet salted 1-1.5 kg/pc Maruca Produced from fresh raw material Molva molva 1st quality 19.00 2.22 2.35 + Sweden FCA Norway 4.90 5.21 = Italy DDP Faeroe Islands Melanogrammus aeglefinus FLATFISH April 2015 Turbot/Rodaballo Fresh - whole 0.5-1 kg/pc 5.80 6.17 - Psetta maxima cultured 1-2 7.55 8.03 - 2-3 11.15 11.86 - 3-4 16.90 17.98 - Fresh - whole < 0.5kg/pc wild 1-2 Spain CIF 7.40 7.87 No quotations Spain Netherlands 2-3 3-4 4-6 Fresh - whole 0.4-0-6 kg/pc 5.30 5.64 = 0.8-1 5.70 6.06 = 1-1.5 6.50 6.91 - 1.5-2 8.20 8.72 = 2-2.5 wild 0.5-1 kg/pc 8.98 9.55 = 0.7-1 9.05 9.63 = 1-2 12.71 13.52 = >4 14.50 15.43 * Fresh - whole < 170 g/pc Lenguado wild 160-220 11.95 12.71 200-300 12.75 13.56 300-400 13.10 13.94 400-500 13.20 14.04 500-600 13.75 14.63 No. 2 11.71 12.46 No. 3 11.18 11.89 No. 4 10.75 11.44 No. 2 11.77 12.52 = No. 3 11.01 11.71 - No. 4 10.58 11.26 = No. 5 10.49 11.16 = Fresh - whole Fresh - gutted European plaice/ Fresh - whole Spain CIF Italy CIF CPT 4.10 4.36 400-600 5.10 5.43 > 600 6.10 6.49 No. 2 4.40 4.68 = Netherlands FOB IQF skin-off, 25% glaze 4.95 5.27 + for Italian market Fresh - whole 1.25 1.33 Italy CPT Denmark 2.25 2.39 + FCA Netherlands 4.85 5.16 Denmark FOB Greenland Solla europea European Flounder/ na Netherlands 300-400 g/pc Plie d'Europe/ Pleuronectes platessa Spain/Portugal 12.20 12.98 = Sole/Sole/ Solea vulgaris Italy CPT IQF, white skin-on, 25% glaze Spain CIF Flet d'Europe/ Platija europea Platichthys flesus Greenland Halibut/ Fillet - skinoff, boneless, Flétan noir/ blockfrozen Fletán negro Reinhardtius hippoglossoides 10 Fish Species Product Form Grading Trade Name Price per kg As stated EUR Reference & Area USD TUNAS/BILLFISHES Tuna/Thon/Atún Origin April 2015 Skipjack - whole main size 0.93 0.99 - Bangkok CFR Skipjack - whole 0.87 0.92 - Ecuador Eastern Tropical Yellowfin - whole 1.51 1.60 - ex-vessel Pacific Ocean 0.90 0.96 + Seychelles Indian Ocean 1.55 1.65 - FOB Thunnus spp. Western/Central Pacific Ocean Skipjack - whole main size Yellowfin - whole Skipjack - whole 0.90 0.96 + Abidjan Yellowfin - whole > 10 kg 1.60 1.70 = ex-vessel Atlantic Ocean Skipjack - whole 1.8-3.4 kg/pc 1.15 1.22 + Spanish Yellowfin - whole > 10 kg 1.75 1.86 = Canneries CFR Skipjack - cooked & cleaned double cleaned 4.53 4.80 - Italy DDP double cleaned 6.89 7.30 - Yellowfin - whole 3-10 kg 1.40 1.49 Bigeye - whole > 10 kg 1.60 1.70 Yellowfin - whole > 10 kg 1.75 1.86 - Skipjack - whole > 3,5 kg 1.15 1.22 = Yellowfin - frozen loins 4.50 4.79 Skipjack - frozen loins 3.65 3.88 3.00 3.19 CFR Indian Ocean 3.87 4.10 Europe CFR Ecuador double cleaned 4.81 5.10 single cleaned 4.72 5.00 1.9-3.4 kg/pc 1.08 1.15 3.5-5.0 kg/pc 1.18 1.25 Various origins Solomon Islands loins - vacuum packed Yellowfin - cooked & cleaned Kenya/Mauri- loins - vacuum packed Albacore - whole tius/Solomon Is. > 10 kg Skipjack - pre-cooked loins Yellowfin - pre-cooked loins Skipjack - whole Spain DAT Indian Ocean Atlantic Ocean DDP Eastern Pacific Ocean FOB 1.26 Tunisia CFR New Zealand Frozen at sea, DWT > 1.8 kg/pc 30-50 kg/pc 1.19 Swordfish/Espadon/ 6.20 8.61 Spain FOT Spain Pez espada 100% net weight 50-70 6.10 8.47 Xiphias gladius SMALL PELAGICS April 2015 Mackerel/Maquereau/ Fresh - whole Caballa Whole Scomber scombrus Herring/Hareng/Arenque 200-400 g/pc 300-500 1.25 H&G > 200 g/pc Whole 3-4 pc/kg Fresh - fillet Clupeidae Fresh - whole 2.60 2.77 No quotations 1.33 + na Italy CPT France Netherlands/Poland UK FOB for Eastern Europe Greenl./Faroe. I 0.92 0.98 Spain FOB Spain 2.47 2.63 Italy CPT Denmark 250-300 g/pc 1.21 1.29 + Russia Russia > 300 1.42 1.51 + wholesale Moscow 70-100 g/pc 0.38 0.40 Poland FOB Baltic 0.21 0.22 0.97 1.03 = Italy CPT Croatia 1.28 1.36 = 0.86 0.91 Sprat/Sprat/Espadín Sprattus sprattus Sardine/Sardine/Sardina Fresh - whole Sardina pilchardus IQF 9-10.5 cm Italy Tunisia FOB for European market 11 Tunisia Fish Species Product Form Grading Trade Name Price per kg As stated EUR USD Reference & Area April 2015 CEPHALOPODS Squid/Encornet/Calamar Frozen - whole S (< 18 cm) 5.60 5.96 = M (18-25) 5.80 6.17 + L (25-30) 6.00 6.38 = XL (>30) 6.00 6.38 = A 1.04 1.10 1.04 1.10 Chile 1.13 1.20 Peru 1.23 1.30 Chile 0.66 0.70 Peru in block and bulk bag 0.66 0.70 Chile Boiled fillets Darum 2.08 2.20 Peru Boiled wings 1.51 1.60 T1 9.25 9.84 = Morocco FOB, T2 8.25 8.78 = for Spanish market T3 7.05 7.50 = T4 6.45 6.86 - T5 5.55 5.90 - T3 7.12 7.57 * T4 6.82 7.26 * T6 6.08 6.47 * T7 5.52 5.87 * Flower type 1-2 g/pc 3.68 3.90 90% net weight 2-4 4.62 4.90 Whole T1-T3 5.00 5.32 = T4-T6 4.70 5.00 = 3.50 3.72 = Loligo spp. Dosidicus gigas Fillet - clean, pack in block and bulk bag Tentacles - bailarina cut, pack A in block and bulk bag Raw wings - skin-on, pack Octopus/Poulpe/Pulpo Origin Whole Octopus vulgaris IQF, 10% glazing A Cuttlefish/Seiche/ Choco All sizes Sepia Mungo 5-6-7-8 Sepia spp. Whole, cleaned, IQF <1 25% glaze 1-2 IQF, 10% glaze 100-200 gr/pc 4.92 5.23 * 200-300 4.92 5.23 * 300-400 4.92 5.23 * 400-600 4.92 5.23 * 600-800 4.92 5.23 * 3.25 3.46 = no quotation 12 Italy CIF South Africa Europe CFR Peru Morocco Italy CIF Senegal Germany CFR India Italy CIF Morocco Fish Species Product Form Grading Trade Name Price per kg As stated EUR Reference Origin & Area USD April 2015 CRUSTACEANS Whiteleg shrimp/ PD, chemical treatment 31-40 pc/lb 11.42 12.10 Crevette pattes 100% net weight 41-50 10.47 11.10 blanches/Camarón treated with non-phosphate Europe CFR Indonesia 51-60 9.62 10.20 patiblanco 61-70 9.06 9.60 Penaeus vannamei 71-90 8.49 9.00 30-40 pc/kg 8.00 8.51 Central 40-50 7.10 7.55 America 50-60 6.80 7.23 60-70 5.90 6.28 70-80 5.40 5.74 80-100 5.20 5.53 100-120 4.70 5.00 26-30 pc/lb 9.55 10.16 * 31-35 8.07 8.59 * 6.13 6.52 * 91-120 Head-on, shell-on Head-off, shell-on na 61-70 Head-on, shell-on 20-30 pc/kg 11.75 12.45 * Italy CIF Ecuador South/Central 30-40 7.92 8.40 + America FOB 40-50 6.98 7.40 + for European main 50-60 6.42 6.80 - 60-70 5.85 6.20 * 70-80 5.38 5.70 * 80-100 5.24 5.55 * ports 10-20 pc/kg 8.50 9.04 + Spain EXW Argentina Salicoque rouge/ 20-30 7.30 7.77 = d'Argentine/Camarón 30-40 7.10 7.55 = langostín argentino 40-60 7.00 7.45 = Europe /Russia CFR Bangladesh Europe CFR Senegal Argentine red shrimp/ Head-on, shell-on Pleoticus muelleri Black tiger/Crevette Headless 13-15 pc/kg 13.68 14.50 tigrée/Camarón tigre 20% glaze, IQF 16-20 13.44 14.25 21-25 13.49 14.30 26-30 13.11 13.90 31-40 10.47 11.10 41-50 9.81 10.40 Penaeus monodon 51-60 Frozen Headon 9.15 9.70 < 10 pc/kg 14.00 14.89 * 10-20 13.00 13.83 * 20-30 11.00 11.70 * < 10 pc/kg 13.00 13.83 * rose/Camarón rosado 10-20 12.00 12.77 * Penaeus notialis 20-30 10.50 11.17 * Pink shrimp/Crevette Frozen Headon 13 Fish Species Product Form Grading Trade Name Price per kg As stated EUR Reference & Area USD CRUSTACEANS (Cont.) April 2015 Norway lobster/ Fresh - Whole 11-15 pc/kg 16.70 17.77 * Langoustine/Cigala 4X1.5 kg 16-20 14.70 15.64 21-30 12.75 13.56 31-40 9.50 10.11 41-50 European lobster/ 7.75 40-60 12.25 13.03 Whole 00 12.38 13.17 = 0 10.38 11.04 = Live - bulk Homard européen/ Spain DDP Netherlands CIF Scotland Italy CPT Denmark 8.24 Tails Fresh - whole Origin 1 9.38 9.98 = 2 8.38 8.91 = 3 7.38 7.85 = 4 6.38 6.79 = 5 5.38 5.72 = 6-9 pc/kg 18.85 20.05 * 11-15 pc/kg 10.75 11.44 * 16-20 8.61 9.16 * 31-40 5.80 6.17 * 41-50 4.70 5.00 * UK 400-600 gr/pc 25.00 26.60 = France delivered 600-800 25.00 26.60 = to French vivier Bogavante Ireland companies Homarus gammarus Fresh - whole Large 27.43 29.18 * small 29.50 31.38 * American lobster/ Frozen whole cooked Homard américain/ popsicle (canners) < 450 g/pc Bogavante americano (markets) > 400 Italy - CPT France Europe CIF Homarus americanus 300 g/pc Lobster/ 100-200 g/pc Langoustine/Cigala > 300 UK Canada out of season France DDP 9.50 10.11 * Europe CFR Senegal Auction France 12.50 13.30 * Panulirus spp. Edible crab/Tourteau/ Live Buey de mar T2 3.44 3.66 * 13-16 cm Cancer pagurus April 2015 BIVALVES Oyster/Huître/Ostra Live No. 3 4.50 6.09 = 4.00 5.41 * 4.00 5.41 * 2.10 2.23 = 1.80 1.91 = France prod. price Ireland/France Crassostrea gigas Mussel/Moule/Mejillón Live - Bottom mussel Mytilus edulis Mytilus galloprovincialis Mytilus chilensis France Italy France wholesale France Netherlands Live - Rope 60-80 pc/kg 2.00 2.13 = France wholesale Spain Fresh 20-25 pc/kg 0.85 0.90 Spanish market Spain 25-30 0.80 0.85 EXW 30-40 0.55 0.59 40-70 0.50 0.53 1.20 1.28 * 1.20 1.28 * Italy CFA Italy IQF - shell-off, 7% glaze 200-300 pc/kg 4.45 4.73 - CIF Cooked mussel meat IQF 100-200 pc/kg 3.16 3.35 France CIF 200-300 3.07 3.25 300-500 2.97 3.15 80-100 pc/kg 2.26 2.40 Cooked mussel whole shell, IQF 14 Chile Fish Species Product Form Price per kg Grading Trade Name As stated EUR Reference & Area USD April 2015 BIVALVES (cont.) Jacques/Vieira Origin Frozen 4.20 4.47 * France CIF France Peru FOB Peru Pecten maximus Argopecten purpuratus meat, roe-on, IQF, 100% No quotations 30-40 g/pc net weight, 10 kg bag Razor shell/Couteau/ Fresh (for EU market) 10-12 cm 3.80 4.04 Spain CIF Netherlands Navajas - Solenidae April 2015 SALMON Atlantic salmon/ Fresh - gutted, head-on 2-3 kg/pc na Saumon de l'Atlantique/ Superior quality 3-4 na Salmón del Atlántico 4-5 5.40 5.74 Salmo salar 5-6 5.58 5.94 >6 5.66 6.02 Fresh - gutted, head-on 2-3 kg/pc 3.70 3.94 Superior quality 3-4 4.62 4.91 4-5 4.74 5.04 5-6 4.68 4.98 >6 4.75 5.05 Fresh - Whole - Superior 2-3 kg/pc France CIF na Scotland Norway Italy FCA 3-4 4.96 5.28 = 4-5 5.00 5.32 = 5-6 4.79 5.10 = 6-7 4.71 5.01 = 7-8 4.68 4.98 * 8-9 4.58 4.87 * 9-10 4.18 4.45 * IQF portion 100-150 g/pc 10.20 10.85 + Whole 4-5 pc/kg 5.40 5.74 5-6 5.40 5.74 Chum salmon/ Fillet skinless, boneless, 400-1000 g/pc 5.78 6.13 Saumon chien/Keta treated Clor 13+, Bulk, 1000-1500 5.78 6.13 CIF Denmark Tunisia CFR Norway April 2015 TROUT Trout/Truite/Trucha Whole, gutted, fresh on ice 0.25-0.4 kg/pc 6.20 6.60 - Hungary ex-farm Hungary Salmo trutta Fillet - farmed 200-400 g/pc 7.60 8.09 + Italy ex-farm Italy Live - farmed 500-700 g/pc 3.20 3.40 + Rainbow trout/ Live - farmed 250-400 g/pc 2.80 2.98 + Truite arc-en-ciel/ Gutted 250-400 g/pc 3.90 4.15 = Trucha arco iris Oncorhynchus mykiss 15 HUF 1427 Fish Species Product Form Price per kg Grading Trade Name As stated EUR USD Reference Origin & Area FRESHWATER FISH April 2015 Carp/Carpe/Carpa Live 1.2-5 kg/pc HUF 630 2.12 2.25 = Hungary Cyprinus spp. Fresh, whole, gutted, head-on 0.8-4.5 kg/pc HUF 806 2.71 2.88 = ex farm Fresh, whole, gutted, head-off 0.7-4.5 kg/pc HUF 988 3.33 3.53 = Fresh on ice - slices HUF 1114 3.75 3.98 = Fresh on ice - fillets HUF 1332 4.48 4.76 = HUF 677 2.28 2.42 = Bighead carp/Carpe à Fresh gutted, head-off 0.7-5.0 kg/pc grosse tête/Carpa Fresh on ice - slices HUF 820 2.76 2.93 = capezona Fresh on ice - fillets HUF 940 3.16 3.36 = Aristichthys nobilis Live 1-5.5 kg/pc HUF 413 1.39 1.48 = Crucian Carp/ Live 0.45-0.9 kg/pc HUF 490 1.65 1.75 Grass carp/ Live 0.8-3 kg/pc Carpe herbivore/ Fresh - whole, gutted, head-on 0.7-2.5 kg/pc Carpa china Fresh on ice - slices Ctenopharyngodon idellus Fresh on ice - fillets Wels/Silure glane/Siluro Whole 0.8-4 kg/pc Fresh - whole, gutted, head-off 0.6-0.9 kg/pc North African catfish/ Fresh - whole, gutted, head-on 0.6-2.2 kg/pc Poisson-chat nord- Fresh head-off 0.4-2.0 kg/pc africain/Pez-gato Fresh on ice - fillets, skinless Clarias gariepinus Fresh on ice - fillets, skin-on Nile perch/Perche du Fillet - skinless Nil/Perca del Nilo Interleaved, 100% net weight Lates niloticus Hungary Carassin/Carpín Carassius carassius No quotations Silurus glanis Barramundi HUF 2849 9.59 10.18 * HUF 1191 4.01 4.25 * HUF 1477 4.97 5.28 300-500 g/pc 5.75 6.10 500-1000 5.94 6.30 Fresh fillet - yellow 7.93 8.44 * red 5.32 5.66 * Lates calcarifer na Hungary Hungary ex farm na gree 5.23 5.56 * Fillet - skinless, PBI, IWP 500-1000 g/pc 6.13 6.50 - Nile Tilapia/Tilapia du Fillet - skinless, IQF, PBO 5-7 oz/pc 4.01 4.25 - Nil/Tilapia del Nilo non-treated, 10% glaze EU CFR Uganda Italy CFA Spain CFR Tanzania China Oreochromis niloticus Panga Fillet - thawed 3.02 3.21 = Italy CPT Pangasius spp. Fillet, IQF, white - 20% glaze 120-170-220 1.93 2.05 - Spain CFR Fillet, 100% net weight, IQF g/pc 2.41 2.55 2.36 2.50 Fillet, 100% net weight, interlvd NON-TRADITIONAL SPECIES April 2015 Sturgeon/Esturgeon/ Frozen - Whole 1.5-2 kg/pc 5.00 5.32 = Esturione Gutted 5-7 kg/pc 6.50 6.91 = Acipenseridae Fillets 200-300 g/pc 10.50 11.17 = 800-1000 10.50 11.17 * A.baeri Ribbonfish Viet Nam Caviar (Aquitaine) metal boxes France CIF France Europe CFR Senegal 1 300 1 383 = 300-1500 g/pc Trichiurus lepturus 16 2.50 2.66 * Fish Species Product Form Grading Trade Name Price per kg As stated EUR USD Reference & Area SEABASS/SEABREAM/MEAGRE April 2015 Seabass/Bar, Fresh - whole 200-300 g/pc 3.60 3.83 = Loup/Lubina farmed 300-450 4.60 4.89 + 400-600 5.00 5.32 + 600-800 6.20 6.60 + 800-1000 8.00 8.51 = > 1000 9.50 10.11 = 200-300 g/pc 3.80 4.04 = 300-450 4.80 5.11 + 450-600 5.20 5.53 + 600-800 6.40 6.81 + 800-1000 8.20 8.72 = > 1000 9.70 10.32 = 200-300 g/pc 3.85 4.10 = 300-450 4.85 5.16 + 450-600 5.25 5.59 + 600-800 6.45 6.86 + 800-1000 8.25 8.78 = > 1000 9.75 10.37 = 200-300 g/pc 3.84 4.09 = 300-450 4.84 5.15 + 450-600 5.24 5.57 + 600-800 6.44 6.85 + 800-1000 8.24 8.77 = > 1000 9.74 10.36 = 200-300 g/pc 3.87 4.12 = 300-450 4.87 5.18 + 450-600 5.27 5.61 + 600-800 6.47 6.88 + 800-1000 8.27 8.80 = > 1000 9.77 10.39 = 200-300 g/pc 3.85 4.10 = 300-450 4.85 5.16 + 450-600 5.25 5.59 + 600-800 6.45 6.86 + 800-1000 8.25 8.78 = > 1000 9.75 10.37 = 200-300 g/pc 4.03 4.29 = 300-450 5.03 5.35 + 450-600 5.43 5.78 + 600-800 6.63 7.05 + 800-1000 8.43 8.97 = > 1000 9.93 10.56 = 200-300 g/pc 4.00 4.26 - 300-450 4.90 5.21 = 450-600 5.30 5.64 = 600-800 6.50 6.91 - 800-1000 9.00 9.57 - Dicentrarchus labrax Origin 1000-1500 10.00 10.64 - > 1500 11.00 11.70 - > 2000 15.00 15.96 = 17 Greece FOB Italy CIF France CIF Spain CIF Germany CIF Portugal CIF UK CIF Italy CIF Greece Fish Species Product Form Grading Trade Name Price per kg As stated EUR Reference Origin & Area USD SEABASS/SEABREAM/MEAGRE (Cont.) April 2015 Seabass/Bar, 200-300 g/pc Loup/Lubina 300-400 Dicentrarchus labrax 400-600 No quotations Greece EXW for Eastern Europe 600-800 800-1000 > 1000 Fresh - whole < 200 g/pc 3.40 3.62 farmed 200-300 4.20 4.47 300-400 4.50 4.79 400-600 5.20 5.53 600-800 6.91 7.35 Fresh - whole - wild 600-800 10.20 10.85 = Mediterranean 800-1000 10.20 10.85 = 1000-2000 11.13 11.84 = > 2000 11.13 11.84 = Large 10.70 11.38 * Medium 9.66 10.28 * Small 7.60 8.09 * Gilthead seabream/ Fresh - whole 200-300 g/pc 4.70 5.00 + Dorade royale/Dorada farmed 300-450 5.00 5.32 + 450-600 5.20 5.53 + 600-800 5.80 6.17 = 800-1000 7.00 7.45 = > 1000 9.00 9.57 = 200-300 g/pc 4.90 5.21 + 300-450 5.20 5.53 + 450-600 5.40 5.74 + 600-800 6.00 6.38 = 800-1000 7.20 7.66 = > 1000 9.20 9.79 = Sparus aurata 18 Spain CIF Canary Island (Spain) Italy CPT Egypt FCA Italy Greece FOB Greece Italy CIF Fish Species Product Form Grading Trade Name Price per kg As stated EUR Reference & Area USD SEABASS/SEABREAM/MEAGRE (cont.) April 2015 Gilthead seabream/ Fresh - whole 200-300 g/pc 4.95 5.27 + Dorade royale/Dorada farmed 300-450 5.25 5.59 + 450-600 5.45 5.80 + 600-800 6.05 6.44 = 800-1000 7.25 7.71 = > 1000 9.25 9.84 = 200-300 g/pc 4.94 5.26 + 300-450 5.24 5.57 + 450-600 5.44 5.79 + 600-800 6.04 6.43 = 800-1000 7.24 7.70 = > 1000 9.24 9.83 = 200-300 g/pc 4.97 5.29 + 300-450 5.27 5.61 + 450-600 5.47 5.82 + 600-800 6.07 6.46 = 800-1000 7.27 7.73 = > 1000 9.27 9.86 = 200-300 g/pc 4.95 5.27 + 300-450 5.25 5.59 + 450-600 5.45 5.80 + 600-800 6.05 6.44 = 800-1000 7.25 7.71 = > 1000 9.25 9.84 = 200-300 g/pc 5.13 5.46 + 300-450 5.43 5.78 + 450-600 5.63 5.99 + 600-800 6.23 6.63 = 800-1000 7.43 7.90 = Sparus aurata > 1000 800-1000 g/pc 13.60 14.47 = Atlantic 1000-2000 15.87 16.88 = > 2000 10.88 11.57 = Fresh - whole 600-800 g/pc 11.20 11.91 = wild 800-1000 11.25 11.97 = 1000-2000 12.00 12.77 = Large 10.55 11.22 * Medium 9.35 9.95 * Small 7.60 8.09 * 300-400 g/pc 5.20 5.53 * 800-1000 g/pc 7.22 7.68 commun/Corvina 1000-2000 7.13 7.59 Argyrosomus regius 2000-4000 7.25 7.71 3000-5000 7.00 7.45 1000-2000 5.00 5.32 > 2000 g/pc 7.00 7.45 - Meagre/Maigre Fresh - Whole - wild France CIF Greece Spain CIF Germany CIF Portugal CIF UK CIF 9.43 10.03 = Fresh - whole - wild cultured Orbetello Origin Italy FCA Morocco CPT Egypt FCA Italy CIF Greece farmed 19 CIF PRICE REFERENCE (INCOTERMS 2010) CFR CIF CIP CPT DAT DAP DDP EXW FCA FAS FOB Cost and Freight Cost, Insurance and Freight Carriage and Insurance Paid To Carriage Paid To Delivered at Terminal Delivered at Place Delivered Duty Paid Ex Works Free Carrier Free Alongside Ship Free on Board (DAF, DES, DEQ and DDU have been cancelled) PRODUCT FORM C&P FAS H&G HOG IQF IWP PBI PBO PD PTO PUD Cooked and Peeled Frozen at Sea Headed and Gutted Head on Gutted (salmon) Individually Quick Frozen Individually Wrapped Pack Pinbone In Pinbone Off Peeled and Deveined Peeled Tail On Peeled, Undeveined 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 CURRENCY RATES Canada Hungary Norway USA EU Denmark CAD HUF NOK USD EUR DKK Exchange Rates: 13/04/15 9 USD 1.26 280 8.08 0.94 7.06 EUR 1.33 297 8.56 1.06 7.47 The European Fish Price Report is a monthly GLOBEFISH publication. This issue was prepared by Helga Josupeit and Felix Dent. It can be ordered from the FISH INFONetwork: FAO GLOBEFISH (Network coordinator) Viale delle Terme di Caracalla 00153 Rome - Italy Tel: (39) 06 57055188 Fax: (39) 06 57053020 E-mail: [email protected] Web site: www.globefish.org INFOPECHE (Africa) Tour C, 19éme étage, Cité Administrative Abidjan 01 - Côte d’Ivoire Tel: (225) 20228980 Fax: (225) 20218054 E-mail: [email protected] Web site: www.infopeche.ci INFOPESCA (Latin America) Julio Herrera y Obes 1296 11200 Montevideo - Uruguay Tel: (598) 2 9028701 Fax: (598) 2 9030501 E-mail: [email protected] Web site: www.infopesca.org INFOYU (China) Room 514, Nongfeng Building No. 96 East Third Ring Road Chaoyang District Beijing 100122 – P.R. China Tel: (86-10) 59199614 Fax: (86-10) 59199614 E-mail: [email protected] Web site: www.infoyu.net INFOFISH (Asia/Pacific) 1st Floor, Wisma LKIM Jalan Desaria - Pulau Meranti 47120 Puchong, Selangor DE Malaysia Tel: (603) 80649282/80649169 Fax: (603) 2078 6804 E-mail: [email protected] Web site: www.infofish.org EUROFISH (Central and Eastern Europe) H.C. Andersens Blvd 44-46 1553 Copenhagen - Denmark Tel: (45) 33377755 Fax: (45) 33377756 E-mail: [email protected] Web site: www.eurofish.dk INFOSA - sub-office INFOPECHE (Southern Africa) 89, John Meinert Street- West Windhoek -Namibia Tel: (264) 61279430 Fax: (264) 61279434 E-mail:[email protected] Web site: www.infosa.org.na INFOSAMAK (Arab Region) 71 blvd Rahal El Meskini Casablanca 20 000 - Morocco Tel: (212) 522540856 Fax: (212) 522540855 E-mail: [email protected] Web site : www.infosamak.org GLOBEFISH Market Reports are available from the GLOBEFISH web site: www.globefish.org 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 and 11 Viale delle Terme di Caracalla, 00153 Rome, Italy. Aquaculture Department - Food and Agriculture Organization, Food and Agriculture Organization of the United Nations Fisheries and Aquaculture Policy and Economics Division Products, Trade and Marketing Branch Viale delle Terme di Caracalla 00153 Rome, Italy Tel +39 06 5705 3288 Fax +39 06 5705 3020 www.globefish.org 12
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