EU: Guide prices for fisheries products in 2006:

white fish see rises, many frozen products adjusted down

The European Commission has tabled its annual proposal ( ~ 262 Kb) on next year's guide prices for fresh and frozen fisheries products as well as the Community producer price for tuna for processing. Average prices for most white fish species showed moderate increases over the period 2003-2005, marking a reversal of the downward trend seen in 2002-2003. The Commission therefore proposes to raise guide prices for most of these species by between 0.5% and 1.5%. The market for pelagic species was mixed during the reference period. The Commission is therefore proposing increases for herring (+2%), mackerel and anchovies (+3%), and reductions for albacore (-1%), sardines and Spanish mackerel (-3%). Small decreases (-0.5%) are also proposed for most crustaceans, along with more substantial reductions for many frozen products (-0.5 to -2%), reflecting lower prices on international markets. Notable exceptions to the latter rule are frozen sword fish (+1.5%) and Parapenaeus prawns (+2%). The prices for frozen sea bream, squid and cuttlefish remain unchanged. The compensatory allowance for tuna was triggered last year, due to low prices in the first half of 2004. However, this downward trend reversed in the first half of 2005, and the Commission therefore proposes that the Community producer price remain unchanged. The Commission's proposals are based on Member States' average market prices over the previous three years. Other important factors taken into account include trends in productionand market demand, the interests of consumers and the need to avoid withdrawals of fisheries products from the market.

Source: Guide prices for fisheries products in 2006:
Author: EU:

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