Seafood trade in Europe has finally picked up as Christmas and New Year festivities approach. The late start to buying resulted in very large purchases during early December, and prices have climbed for groundfish products and for salmon. The shrimp market has been affected by high cold storage holdings, however, and prices have remained relatively stable despite strong demand. Low tuna prices have continued on the back of very weak consumer demand for canned tuna in Europe, while cephalopods are more of a summer seafood option and sales are rather limited at present. Prices for octopus have fallen back significantly from the sky high levels recorded in mid-2019.