Matilde Mereghetti

London

Senior Business Journalist at Undercurrent News

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Articles

Record Japanese coho salmon prices, improved operational margins boost AquaChile's Q1 sales, profit

1 day ago | undercurrentnews.com | Matilde Mereghetti

Chile's largest salmon farmer, Empresas AquaChile, has sharply increased its turnover and profit margins during the first quarter of 2025, thanks to operational gains and firmer coho salmon prices, which propelled earnings [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password.
Chile's Blumar halts $30m investment over new fishing bill

1 day ago | undercurrentnews.com | Matilde Mereghetti

Chilean fishing and salmon company Blumar has suspended a $30 million investment due to the proposed "fractioning law," which would reallocate fishing quotas in favor of artisanal fishers at the expense of large operators [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password.
Chilean salmon prices in Brazil ease again as the country's salmon demand remains subdued

2 days ago | undercurrentnews.com | Matilde Mereghetti

Prices for Chilean salmon shipped to Brazil eased week-on-week in week 18 of 2025 (April 28-May 4), according to the most recent update from data gatherer Skills [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password. Please check your inbox to reset your password securely and easily.
Ecuador shrimp farmer acquires majority stake in processor Empacreci, advancing vertical integration trend

2 days ago | undercurrentnews.com | Matilde Mereghetti

Ecuadorian shrimp farmer Grupo Brito has acquired a majority stake in Empacreci, one of the country's largest shrimp processing and exporting companies, making it the latest example of the vertical integration trend taking place in the sector. [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password.
Algae bloom hits salmon farms in northern Norway

3 days ago | undercurrentnews.com | Matilde Mereghetti

Northern Norway has recorded its first algae blooms of the season in late April, prompting early fish harvests and rising mortality rates, sources told Undercurrent News during the Barcelona seafood expo last week [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password.
Tariff uncertainty, buyers' pressure continues to pressure skipjack, yellowfin tuna prices

6 days ago | undercurrentnews.com | Matilde Mereghetti

BARCELONA, Spain -- Skipjack tuna prices for delivery in Bangkok, Thailand, have fallen sharply this month, dropping to $1,550 per metric ton at the beginning of May and remaining at that level this week, significantly lower than the above $1,700/t price in April. [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password.
European bass, bream prices continue to surge after reaching record high

6 days ago | undercurrentnews.com | Matilde Mereghetti

BARCELONA, Spain -- Seabass prices have outpaced seabream on the European market, with industry sources citing a significant supply shortage as the driving factor. [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password. Please check your inbox to reset your password securely and easily.
Papua New Guinea commissions country's first 'domestic' tuna cannery

1 week ago | undercurrentnews.com | Matilde Mereghetti

The government of Papua New Guinea (PNG) announced on Friday, May 2, that it is proceeding with construction of its "first domestically owned" cannery [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password. Please check your inbox to reset your password securely and easily.
Peru's Tasa reports strong production recovery, promising outlook

1 week ago | undercurrentnews.com | Matilde Mereghetti

Peru's largest fishmeal and fish oil producer, TASA, reported significantly improved production results for 2024, producing 265,817 metric tons of fishmeal as favorable oceanographic conditions supported a robust recovery in anchovy stocks [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password.
Progress at IOTC welcomed, but ISSF calls for stronger action

2 weeks ago | undercurrentnews.com | Matilde Mereghetti

The International Seafood Sustainability Foundation (ISSF) has welcomed progress made at the recent Indian Ocean Tuna Commission (IOTC) meeting, applauding new conservation measures for skipjack, bigeye tuna, and sharks [...] Sign up for a trial to have access to our articles!Have an account? Log in here:Enter the email address associated with your account. We'll send you instructions to reset your password. We’ve sent a link to to change your password.