Breaking News
Investing Pro 0
Free Webinar - Unlock Divergence Trading: Learn from Seth Julian MBA | TThursday, March 23, 2023 | 10:00AM PST Enroll Now

China halts European salmon imports over suspected link to virus outbreak

Stock Markets Jun 15, 2020 09:15AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: Cylinders incubate tiny salmon in the hatchery at the Cargill research centre in Dirdal
 
MOWI
+4.23%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BAKKA
+1.75%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SALM
+4.05%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Nerijus Adomaitis and Kate Kelland

OSLO/LONDON (Reuters) - China has halted imports from European salmon suppliers amid fears they might be linked to a coronavirus outbreak at a Beijing market, although experts say the fish itself is unlikely to carry the disease.

State-run newspapers reported the virus was discovered on chopping boards used for imported salmon at Beijing's Xinfadi market, the source of a cluster of infections that has sparked fears of a second wave of the pandemic in China.

The reports prompted major supermarkets in Beijing to remove salmon from their shelves.

"We can't send any salmon to China now, the market is closed," Regin Jacobsen, CEO of Oslo-listed salmon supplier Bakkafrost, told Reuters.

"We have stopped all sales to China and are waiting for the situation to be clarified," said Stein Martinsen, head of sales and marketing at Norway Royal Salmon.

Genetic traces of the virus from the Beijing market outbreak suggested it could have come from Europe.

Keith Neal, an emeritus professor of the epidemiology of infectious diseases at Britain's University of Nottingham, said any link to salmon was likely the result of cross contamination.

"Markets can be crowded places, so like in Wuhan, (they) help fuel spread," he said, referring to the Chinese city where the virus originated.

Neal said finding a link to Europe was not surprising, given the global spread of the virus.

"China gave the world this virus and it was always very likely to give it back to them. Finding a strain prevalent in Europe probably reflects people returning to China after travelling to Europe," he said.

Norway's Food Safety Authority said there was no evidence fish could be infected.

Shares in Norway Royal Salmon, Faroe Islands-based Bakkafrost (OL:BAKKA) and Norway's Mowi (OL:MOWI) and Salmar (OL:SALM) were down 3-5% at 1225 GMT.

Both Bakkafrost and Norway Royal Salmon said employees had been tested for the virus, and none had tested positive.

China accounts for about 5% of global salmon demand, according to Bakkafrost.

Order cancellations were limited to China and had not affected other markets, said the Norwegian Seafood Council, a marketing firm.

China halts European salmon imports over suspected link to virus outbreak
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (3)
Muhamed Jaffir
Muhamed Jaffir Jun 15, 2020 11:57AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Chinese plague swims upstream against adversity to spawn where it was birthed.
Kaveh Sun
Kaveh Sun Jun 15, 2020 10:23AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Clap clap, they found the virus on salmon yet they cant find out when n where the virus started.
Jack Cheung
Jack Cheung Jun 15, 2020 9:27AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
China is so big geographically. it's hard for the virus to spread nation wide. clusters at best and the authorities in China are so adamant with restrictions and containment.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email