Price Decline of Frozen Baby Octopus in West Indonesia During W8

Baby octopus from Indonesia (Octopus membranaceus) is commonly exported to China, Taiwan, Korea, and other Asian nations. The price of a whole round of frozen baby octopus has decreased WoW. In W8, offers are priced at USD 3.90/kg from Sumatra for CFR Asia main ports basis. In January, the price was USD 4.50kg. The catch of baby octopuses remains stable at around 1K kgs daily.