Covid19 Update

Key trends:

  • Preliminary figures indicate that overall purse seine fishing days fell slightly in February, albeit fishing intensity (fishing days/calendar
    day) rose in EEZs. Note that February figures may be adjusted as NFDs are processed.

  • Total purse seine catch fell slightly in February, although remained above much of the previous 12 months. Catch and effort were
    highest in PNG, with effort in PNG’s EEZ higher than all other PNA EEZs combined.

  • Based on preliminary figures, overall catch rates fell slightly in February, but remained above much of the previous 12 months. Catch
    rates fell slightly for SKJ, while catch rates of large YFT remained at low levels.

  • Transhipment volumes fell in February, although remained higher than much of the COVID-19 period. Transhipment continues to be
    highest in PNG ports, accounting for over half of all PNA volume.

  • Bangkok SKJ prices rose from US$1,200 in January to $1,300 in February, according to Thai Union figures. The February figure was the
    lowest since 2016. Singapore MGO price continued its steady rise in February, nearing pre-pandemic levels. The differential between
    SKJ price and Singapore MGO price remained below the 10 yr average for the second month running (the first two months since the
    start of the pandemic).

  • Thailand continues to remain less affected by COVID cases than other key processing centres (e.g. Ecuador/Philippines/Spain). PNG
    has experienced a spike in COVID cases since late Feb/March.

See Attached for covid19 detailed updated reports;