Tuna (skipjack tuna) prices rise as global supplies tighten

Published 2024년 9월 25일

Tridge summary

The article reports a surge in the purchase price of Thai canned tuna, with offers now reaching $1,400/t as negotiations are underway. This increase is attributed to rumors of tuna shipments to Ecuador and Mexico, as well as the impact of fishing regulations and the strong Spanish skipjack prices in the eastern Pacific. Furthermore, the article highlights stable skipjack tuna prices in the European market at €1,450/t, while MSC-certified yellowfin tuna prices have risen to €2,250/t. In Asia, yellowfin tuna prices are also increasing, quoted at $2,200/t for 10-20 kg in the Philippines and €2,450/t in Vigo, Spain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sources said that two weeks ago, the purchase price of Thai canned tuna manufacturers was $1,250-$1,270/t (CFR price). This week, some offers have risen to $1,400/t, and transaction negotiations are ongoing. There are also rumors that some tuna were shipped to Ecuador and Mexico, which led to an increase in Thai prices. Industry insiders said that the transaction price in Thailand exceeded $1,300/t. A European buyer told UCN that Thai prices are rising, and the recent transaction price is $1,300/t; Spanish skipjack prices are very strong, around €1,550/t. In the eastern Pacific, more than 50% of the fishing fleet has stopped fishing according to the regulations of the Inter-American Tropical Tuna Commission, and prices have risen recently. Sources said that most skipjack tuna dock prices in Manta, Ecuador, are between $1,450-$1,475/t, with some as high as $1,500/t. In the Indian Ocean, Spanish and French boats are operating in the northern region, and fishing conditions are poor. ...
Source: Foodmate

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