Skipjack tuna prices remain firm, further increases expected

Published 2024년 11월 20일

Tridge summary

The global skipjack market is experiencing a price surge, with prices expected to rise further due to high demand and decreased catches. The market is particularly strong in Bangkok, Thailand, and Manta, Ecuador. In Bangkok, the price is stable at $1,500 per metric ton, but smaller buyers have paid more to ensure supply, and prices may rise further. In Ecuador, the market is expected to rise to $1,700 per metric ton due to an expected decrease in supply and high demand from European supermarkets and processors. However, in the Indian Ocean, prices have fallen due to improved supply and limited storage space.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Recently, the global skipjack market price has remained strong, especially in the two major trading centers of Bangkok, Thailand and Manta, Ecuador. With strong demand and reduced catches, the industry expects prices to rise further next month. Bangkok market: stable prices but upward pressure In Bangkok, Thailand, the price of skipjack is relatively stable at $1,500 per metric ton. However, smaller buyers have paid $1,550 per metric ton to ensure supply. Industry insiders said that with a slight decline in catches and continued strong demand, prices may rise further in upcoming negotiations. Meanwhile, skipjack trading in other parts of Asia is also on the rise. In the market of General Santos in the Philippines, prices have climbed to $1,675 per metric ton, while the factory delivery price in Papua New Guinea is $1,400 per metric ton. Ecuador and the Eastern Pacific: Supply exceeds demand, driving prices up In Ecuador, ex-vessel prices (ex-vessel prices) The latest catch data ...
Source: Foodmate

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