Red caviar in Russia will be even cheaper, according to the Fisheries Union

Published 2023년 12월 20일

Tridge summary

The production of salmon caviar in Russia is expected to significantly increase by the end of the year, possibly resulting in a decrease in quality due to high catches and insufficient production capacity. This lower quality caviar may oxidize and ferment faster, putting pressure on traders to sell it quickly and potentially lowering the price. While high-quality caviar will still be available during the New Year holiday, the overall cost of caviar is expected to decrease after the holiday due to the large amount of caviar in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

“I am sure that by Maslenitsa caviar will be more accessible, but at the same time it will be possible to choose acceptable quality,” Panin told reporters. According to estimates from the Analytical Center of the Fisheries Union, at the end of the year, the volume of production of salmon caviar will increase by 2.5 times, to 25 thousand tons; Today production has already reached 23 thousand tons. Meanwhile, due to high catches and lack of production capacity, the produced caviar may turn out to be of heterogeneous quality, Panin believes. This situation, according to him, accompanies every fishing year - production capacities are designed with a reserve, but they are still sometimes not enough, so “fishermen, in an attempt to digest all this large volume, reduce the quality of the products produced - this applies to both fish and caviar.” “Not the highest quality caviar tends to oxidize and ferment faster, and this will put pressure on traders and sellers to sell these volumes as ...
Source: Fishretail

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