Chilean salmon prices continue to fall, global market under pressure

China In the Chinese market, the price of fresh whole Chilean Atlantic salmon larger than 6 kg (CIF) fell to $12.00 per kg in week 22. This price is significantly lower than the same period last year, almost $3 per kg lower. This price drop is a huge challenge for Chilean salmon producers, as the Chinese market has always been one of their important export destinations. United States In the US market, the average wholesale price of Atlantic salmon trimmed D fillets in Miami Free Board (FOB) prices fell to $6.14 per pound in week 24, down $0.05 from the previous week. Compared with the same period last year, the price in 2024 has been lower than the level in 2022, but is now close to the level in 2023. D fillets account for about 72% of Chile's fresh fillets supplied to the U.S. market. Brazil The wholesale price of fresh Atlantic salmon with a head size of 10-12 in Puerto Montt, Chile, fell to $7.34 per kilogram in week 22, down $0.43 from the previous week. This price has fallen ...