Indonesian Supplier Providing Lower Octopus Prices to Boost Sales in 2023

Early in 2023, a supplier in East Java aggressively offered reduced prices for frozen gigantic octopus flowers with a standard of entirely cleaned 90% net weight with 10% glaze for the EU market. To boost their sales, the supplier is currently offering the giant octopus of the mentioned specifications at USD 4.70/kg, USD 6.20/kg, USD 7.50/kg, and USD 7.60 for each respective size 500-1000gr, 1000-2000gr, 2000-3000gr, and 3000gr CFR Europe. The prices are significantly lower than on December 2022, when prices stood at USD 5.70/kg, USD 6.70/kg, USD 8.50/kg, and USD 8.70/kg for each similar mentioned size.