China: Squid prices tend to stabilize overall, while Southeast Pacific squid prices rebounded

Published 2024년 12월 10일

Tridge summary

The global market price of squid in the four major sea areas remained stable in the 49th week, with the exception of the Southeast Pacific, where prices rebounded due to the resumption of fishing activities and end-of-year consumer demand. The rebound was driven by limited fish catches and strong demand, with significant price increases in various products. In contrast, the Southwest Atlantic, northwest Pacific, and Indian Ocean saw stable prices, with low market trading activity. The long-term price outlook depends on the recovery of fish catches, balance of supply and demand, and water temperature conditions in the offshore waters of Peru.

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

Original content

In the 49th week (November 29 to December 5), the market price of squid in the four major sea areas of the world tended to be stable. Except for the rebound in the prices of some specifications of products in the Southeast Pacific, the squid prices in the other three sea areas were basically the same as the previous week. With the gradual resumption of fishing activities and the fluctuation of market demand, the squid prices in each sea area showed their own characteristics. The price of squid in the Southeast Pacific rebounded this week, and the prices of products of multiple specifications rose significantly. The prices of bighead squid and squid neck rose by 750 yuan/ton, small original strips and medium original strips rose by 250 yuan/ton and 500 yuan/ton respectively, and the large original strips, which had fallen sharply due to market adjustments, rebounded strongly this week, with an increase of 1,650 yuan/ton. In addition, the prices of sliced products continued to ...

Source: Foodmate