3 Nov 2020
- Global tuna catches began rebounding in October. In terms of trade, imports of frozen tuna are stagnant and will remain so until the end of 2020.
- For canned tuna, US retail demand is likely to remain stable while demand in the US food service sector will stay weak. Likewise, imports of tuna in the EU food service sector remains gloomy.
- For fresh tuna trade, restaurant demand for sushi and sashimi will be low globally. In particular, Japanese demand for frozen bigeye and bluefin loins will be hardest hit. Demand for frozen tuna fillets and steaks will be low to moderate for home consumption in other markets.