Global fish prices have leapt to all-time highs as China’s growing appetite for high-end species – from tuna to oysters – runs up against lower catches.
The UN Food and Agriculture Organisation’s global fish price index, an industry benchmark that tracks the cost of wild and farmed seafood, hit a record high in May, up 15 per cent from a year ago and above the peak set in mid 2011.
“In the coming months, supply constraints for several important species are likely to keep world fish prices on the rise,” the Rome-based FAO has warned.
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