Importers of warm-water lobster tails took advantage of the spread to North American products to increase prices. Prices on the former are fully steady to firm in week 6 of 2025 (Feb. 3-9), according to Undercurrent News’ assessment published on Wednesday (Feb. 5).
- UCN’s price reporting team is providing weekly US wholesale updates for farmed and Argentine red shrimp, frozen lobster tails and meat, wild groundfish, farmed whitefish and scallops;
- On Mondays, we preview the week ahead with market pulses;
- Then, on Wednesday, we publish price assessments and market wrap-ups.
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Demand remains good on both origins. Inventory is on the lighter side for the most part but the price gap between the two, and uncertainty over the paused Canadian tariffs, makes a compelling argument to hold firm on asking levels for warm water tails.
Coldwater tails
North American tail and meat, while still limited, remain steady after some initial volatility in asking prices at the start of this week. Some sellers firmed offering levels and will hold there, but trade is within our listed quotations.
Frozen meat
Frozen meat prices remain in the sideways channel. There is no replacement and business is steady at these price levels. Product is held in confidence.
