date:Apr 07, 2013
company will in 2013 expand operations in West Africa, the Antarctic and Greenland as well as the Faroe Islands. Kaichuang benefits from growing demand and rising prices for fish in China as well as government subsidies for fuel and new boats. CIC Securities points to bonito prices that rose 25 percent in the past 12 months, a CIC Securities analyst told SeafoodSource.
Skipjack prices roses 22 percent year over year in 2012 and will rise 5 percent in the first half of 2013, predicts the CIS an