Morocco and Mauritania to start octopus fishing season on July 1

The news comes at a time of rising demand in the European market, especially at the start of the summer tourist season. Morocco and Mauritania account for the majority of frozen octopus imports into the EU, and supply has a huge impact on the market. Sources indicate that Italy's octopus stocks are almost exhausted, while Spain, although still holding some reserves, is also gradually decreasing. The difference in stocks between the two Mediterranean countries is the main factor affecting the current market dynamics and price fluctuations. An industry insider told Undercurrent News that octopus prices are on an upward trend, and this improvement is attributed to the "summer peak", when consumption increases significantly. According to the latest data from Mercamadrid, the main fresh seafood wholesale market in Spain, the prices of frozen and cooked octopus are as follows: · ...