Week 34: Peruvian squid prices stabilize, small-sized Argentine squid prices strengthen
Published 2025년 8월 26일
Tridge summary
Southeast Pacific squid (Peruvian jumbo squid)
In the 34th week, the average settlement price was approximately 19,557 yuan/ton, with overall prices remaining stable, but medium and large original strip products showing a slight decline. Specifically, medium original strips decreased by 308 yuan/ton, and large original strips decreased by 94 yuan/ton. The transaction volume was 2855 tons, a slight increase of 5% compared to the previous week. The main traded varieties were extra small original strips (833 tons) and small original strips (731 tons), accounting for a combined 55% of the total.
In terms of market quotations, large heads, extra small strips, and pieces saw significant price drops due to the concentration of ships returning to Hong Kong and sufficient market supply. However, small strips and tail fins saw price increases supported by demand.
On the Peruvian side, the Peruvian Marine Research Institute (IMARPE) confirmed the good status of the jumbo squid population following the "Giant Squid Action III" survey and increased the annual quota to 504,000 tons. The remaining quota is 82,026 tons, and the first phase of fishing operations has officially started this week. Performance in the high seas has been good, with average single-ship yields maintaining between 1200-1250 tons from November 2024 onwards.
Southwest Atlantic squid (Argentine squid)
In the 34th week, the average settlement price was 34,559 yuan/ton, with a total transaction volume of 101 tons. Driven by summer catering demand, prices for 100-150g, 150-200g, and 200-300g specifications increased by 500 yuan/ton.
In terms of fishing, squid fishing in the Argentine exclusive economic zone has ended, while Loligo squid fishing in the Falkland Islands is still ongoing. China's autonomous fishing moratorium in the Southwest Atlantic high seas has been in effect since July 1.
Northwest Pacific and Indian Ocean squid
In the 34th week, the Zhejiang Center for Agricultural Products had no related transactions, and prices for all specifications remained stable.
Overall, the 34th week squid market continued to show significant regional differences: the Southeast Pacific saw price drops in some specifications due to the concentration of ships returning to Hong Kong, while the Southwest Atlantic saw price support for small specifications due to catering demand.
In the 34th week, the average settlement price was approximately 19,557 yuan/ton, with overall prices remaining stable, but medium and large original strip products showing a slight decline. Specifically, medium original strips decreased by 308 yuan/ton, and large original strips decreased by 94 yuan/ton. The transaction volume was 2855 tons, a slight increase of 5% compared to the previous week. The main traded varieties were extra small original strips (833 tons) and small original strips (731 tons), accounting for a combined 55% of the total.
In terms of market quotations, large heads, extra small strips, and pieces saw significant price drops due to the concentration of ships returning to Hong Kong and sufficient market supply. However, small strips and tail fins saw price increases supported by demand.
On the Peruvian side, the Peruvian Marine Research Institute (IMARPE) confirmed the good status of the jumbo squid population following the "Giant Squid Action III" survey and increased the annual quota to 504,000 tons. The remaining quota is 82,026 tons, and the first phase of fishing operations has officially started this week. Performance in the high seas has been good, with average single-ship yields maintaining between 1200-1250 tons from November 2024 onwards.
Southwest Atlantic squid (Argentine squid)
In the 34th week, the average settlement price was 34,559 yuan/ton, with a total transaction volume of 101 tons. Driven by summer catering demand, prices for 100-150g, 150-200g, and 200-300g specifications increased by 500 yuan/ton.
In terms of fishing, squid fishing in the Argentine exclusive economic zone has ended, while Loligo squid fishing in the Falkland Islands is still ongoing. China's autonomous fishing moratorium in the Southwest Atlantic high seas has been in effect since July 1.
Northwest Pacific and Indian Ocean squid
In the 34th week, the Zhejiang Center for Agricultural Products had no related transactions, and prices for all specifications remained stable.
Overall, the 34th week squid market continued to show significant regional differences: the Southeast Pacific saw price drops in some specifications due to the concentration of ships returning to Hong Kong, while the Southwest Atlantic saw price support for small specifications due to catering demand.
Original content
Southeast Pacific squid (Peruvian jumbo squid) In the 34th week, the average settlement price was approximately 19,557 yuan/ton, with overall prices remaining stable, but medium and large original strip products showing a slight decline. Specifically, medium original strips decreased by 308 yuan/ton, and large original strips decreased by 94 yuan/ton. The transaction volume was 2,855 tons, a slight increase of 5% compared to the previous week. The main traded varieties were extra-small original strips (833 tons) and small original strips (731 tons), accounting for a combined 55% of the total. In terms of market quotations, large heads, extra-small strips, and pieces saw a significant price drop due to the concentration of ships returning to Hong Kong and sufficient market supply. However, small strips and tail fins saw price increases supported by demand. On the Peruvian side, the Peruvian Marine Research Institute (IMARPE) confirmed the good status of the jumbo squid population ...
Source: Foodmate
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