Pucusana Port in Peru has ushered in the start of squid fishing, prices dropped slightly but remained high

Published 2024년 12월 8일

Tridge summary

The local market is experiencing a stagnant supply of squid due to low fishing volumes, leading to a wait-and-see attitude among buyers. Despite a slight decrease in prices, they remain high, indicating that the market has not yet reached full production. The offshore fishing conditions have not met expectations, resulting in low catches. Although export orders and demand from processing plants have increased, leading to a slight increase in prices, the industry anticipates a future decline as export demand is expected to slow down. The prices of small and extra small squid, as well as big-head squid, have seen the most significant increase.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Judging from the local market, the supply situation of squid has not improved significantly, and the sluggish fishing volume has made some buyers take a wait-and-see attitude. Even if a small number of fishing vessels are put into operation, these magnitudes are still not enough to support the full operation of processing plants, so many Manufacturers have still not been able to resume normal production. Although squid prices have dropped slightly, they are still at a relatively high level, which means that even if the market adjusts somewhat, the overall market price will still remain at a high level. At the same time, after the end of the fishing ban on the high seas, the offshore fishing situation has not reached the expected ideal state. In fishing operations near the equator, the average catch of each vessel has only remained at 3 to 5 tons, which is much lower than the same period in previous years. level. Some fishing vessels have chosen to shift operations outside the ...

Source: Foodmate