Daily recap: US shrimp imports finish H1 down by 3%; China’s appetite upscales despite slower growth

Here's?a recap of the top daily seafood stories from Thursday, Aug. 8:?

• US shrimp imports finish first half down by 3% after rough month of June

If the glut of shrimp in the US is really behind the low prices being paid at wholesale, the first half of 2024 may have helped a little. But the month of June definitely didn't make importers smile.

• Rabobank: China's seafood appetite upscales despite slower growth

China's massive seafood market is shifting toward higher-value products like shrimp, wild-caught fish and deep sea species, even as the country's post-pandemic economic slowdown crimps income growth, according to a new report from Rabobank.

• UCN's seafood pricing data portal now at 2,800 sets with daily Japan, UK additions

Recent daily pricing additions from a huge wholesale market in Japan, as well as to two key UK fresh auctions, have taken?Undercurrent?News'?industry-leading portal past 2,800 data points.?

• Subway tuna supplier RD revives US cannery plans with focus on private label

RD Corporation, a Filipino fishing and processing company, has decided to move forward with its plans to open a cannery in the US city of Fair Lawn, New Jersey, following a period of uncertainty over the project.

• UK foodservice giant Brakes launches frozen branded range

UK foodservice firm Brake Bros has launched a range of frozen fish and seafood under the "Portico Seafood" brand. Sysco Corp.-owned Brakes plans to grow the range to 150 products over the next 18 months. All the products are freshly frozen to provide maximum convenience and year-round availability, it added.