The price of Thai tuna (skipjack tuna) continues to rise, and the price gap with Ecuador widens

Published 2024년 6월 19일

Tridge summary

The price of skipjack tuna is showing regional differences, with Bangkok prices rising to $1,600/ton, while Ecuadorian prices have dropped to $1,300-$1,350/ton due to high catches and ample warehouse reserves. The price gap between Ecuadorian and Thai tuna is increasing. In the Indian Ocean, skipjack prices are around €1,250/t ($1,340/t) with a potential for increase, whereas in the Atlantic, prices are at €1,350/t with moderate catches and expected fishing resumption in Mauritania. Yellowfin tuna from West Africa is mainly shipped to Spain for the wholesale market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

"The price range of $1,470-$1,500/ton is history. In July, the price of large buyers was close to $1,550/ton, and the supplier quoted $1,600/ton." The source said. Unlike the price trend in Bangkok, the price of Ecuadorian manta is falling. The reason is that the catch in Latin America (especially Ecuador and Peru) is high and the warehouse reserves are relatively sufficient. Local industry insiders told UCN that the price of Ecuadorian skipjack tuna has fallen to $1,300-$1,350/ton. At present, most transactions are at around $1,300/ton. The cold storage and canning factories are fully loaded, and the unloading time is relatively long. Longer. Last year, strong catches continued in Latin America after the El Niño phenomenon, resulting in oversupply, which put great downward pressure on the market. The price gap between Ecuadorian and Thai prices is widening further. Another source said that the drop in Ecuadorian prices is not surprising because the catch is very abundant, and ...
Source: Foodmate

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