Pellet prices look set to soar
The cost of fishing pellets and other commodities in the angling world look set to soar as shockwaves caused by the war in Ukraine continue to ripple out – according to a report in the ‘Angling Times’.
The paper says: “In keeping with the dramatic current rise in fuel and supermarket food costs, the era of great value fishing bait could be coming to an end. Or at least, that’s the view of experts across the industry, with pellets at the forefront of price hikes.”
It quotes SonuBaits’ General Manager Ian Day who said: “We’ve never seen anything quite like this. The current situation represents the perfect storm, with raw material costs going up and availability going down. For now there’s little we can do. We can’t simply absorb a near doubling of costs, so there will be definite rises – we need to stay in business to keep anglers in bait!”
The report adds that another glaring part of the equation is Britain’s fish farming industry, with spiralling feed costs certain to increase the going rate for every species of commercially farmed fish going, from carp to trout.
Follow the link to the ‘Angling Times’ for the full story.