Chilean Fresh Atlantic Salmon Fillet Prices Surge 3% Wow in the US Market Amid Improved Demand and Supply Challenges During W50

During W50, there was a notable week-on-week (WoW) increase of nearly 3% in the prices of fresh Atlantic salmon fillets of Chilean origin in the United States (US) market. The prices reached USD 5.30 to 5.45/lb for 2/3 lb fillets and USD 5.40 to 5.55/lb for 3/4 lb fillets (FOB Miami). This price surge is attributed to moderate to improved demand, while the supply situation varies from adequate to barely adequate. Some participants in the market attribute a shortage of supply to delays in air shipments, primarily caused by competition for airspace from the fruit and flower sectors.