Declining Octopus Prices in Indonesia During W47 Due to Increased Supply from Morocco and West Africa

In W47, the price of Indonesian octopus (species: octopus cyaneus), packed in whole cleaned flower shapes with 90% net weight and 10% glazed, is decreasing due to the increased availability of octopus from Morocco and other West African nations. Consequently, the Indonesian octopus flower shapes prices stood at USD 5.2/0.5 to 1 kilogram (kg), USD 6.1/1 to 2 kg, and USD 7.75/2 kg and up CFR EU seaports in W47. These figures have decreased from the previous weeks when they were at USD 5.3/0.5-1 kg, USD 6.20/1 to 2 kg, and USD 8.10/2 kg and up.