Stagnant Prices for Indonesian Octopus in W31 Amid Subdued European Demand

The price of octopus (species: octopus cyanea) in Indonesia, presented in a whole cleaned flower shape format with 90% net weight and 10% glazed, has remained unchanged during W31. Demand for this product from Europe, the principal export destination, remains subdued. Consequently, Indonesian octopus flower shapes are priced consistently at USD 5.40/0.5-1 kg, USD 6.90/1-2 kg, and USD 8.20/2 kg and above CFR EU seaports. These prices remain at the same level as in previous weeks, specifically USD 5.40/0.5-1 kg, USD 6.90/1-2 kg, and USD 8.20/2 kg and above.