Global: Skipjack tuna prices continue to remain strong and are expected to rise in the future

Published 2024년 12월 3일

Tridge summary

The article reports on the current situation and future trends in the prices of skipjack and yellowfin tuna in various markets around the world. In Manta, Ecuador, skipjack tuna prices have slightly increased despite the country's abundant stocks and ongoing fishing moratorium. This is likely due to the redistribution of stocks to Central America during the moratorium, leading to a potential tight supply in Asia. The Ecuadorian tuna industry is also facing an energy crisis, with factories experiencing power outages that have been partially alleviated by importing energy from Colombia. Yellowfin tuna prices are generally stable in Spain and Italy, but are expected to rise in mid-December due to seasonal demand. European markets also report stable prices for skipjack and slightly higher prices for yellowfin.

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

Original content

Meanwhile, the price of skipjack tuna in Manta, Ecuador, was $1,650/ton in late November, and once rose to $1,700/ton last week. Industry insiders said that Ecuador has sufficient stocks and the catch continues to be strong, and even with the FAD (fish gathering device) fishing moratorium, the price has not risen. Other sources said that the price in Bangkok, Thailand will have a slight upward trend in December. During the fishing moratorium of the Inter-American Tropical Tuna Commission, some skipjack tuna was shipped to Central America, and the stocks were redistributed to Ecuador, which may lead to tight supply in Asia. The Ecuadorian tuna industry is facing an energy crisis, and some factories can only rely on generators to maintain processing and cold storage operations. Starting last week, the Ecuadorian government decided to import energy from Colombia , to improve the power supply situation. Before that, the power outage lasted up to 12 hours a day; now it has been reduced ...

Source: Foodmate