Prices of Frozen Giant Octopus Increased in East Java, Indonesia in W10

Due to low availability and changing weather in the East Java region in Indonesia, frozen giant octopus (species: Octopus cyanea) processed in the form of whole cleaned flower shape with 90% net weight and 10% glazing is being offered at a higher price and, especially as demands from Europe and some Asia countries like South Korea are picking up. Supplier is offering at USD 5.30/kg, USD 6.80/kg, USD 8.10/kg, and USD 8.30 for each respective size 500-1000gr, 1000-2000gr, 2000-3000gr, and 3000gr CFR Europe for W10. The prices increased more than in the previous week when prices stood at USD 4.70/kg, USD 6.20/kg, USD 7.50/kg, and USD 7.60/kg for each similar size mentioned.