Week 47: The price decline of squid continues, market support remains elusive

Published 2025년 11월 24일

Tridge summary

Core tip: During the 47th week of 2025 (November 14 to November 20), the domestic offshore squid market continued its overall downward trend, with the imbalance between supply and demand further exacerbated. The price of squid from the Southeast Pacific continued to weaken, with some specifications reaching new lows; while the squid from the Southwest Atlantic (off-line) stopped falling and rebounded, the overall market is still in a passive adjustment phase.

Original content

Prices in the Southeast Pacific production area generally declined, with the average settlement price at the Zhejiang Agricultural Center being approximately 18,017.35 yuan/ton. Prices for small heads and tail fins dropped significantly, by 848 yuan/ton and 527 yuan/ton, respectively; prices for slices and small strips generally decreased by 200 to 500 yuan/ton. Although prices for tail tips and squid necks saw a slight rebound, the overall trend remains downward. Extra small raw strips and small raw strips were the main traded items, with transaction volume increasing by 4.7% compared to the previous period. Industry analysts believe that the recent resumption of fishing by Peru and the addition of 38,600 tons of supplementary quota have kept raw material supply continuously loose, making it difficult for market prices to stabilize in the short term. Squid in the Southwest Atlantic (offshore) rebounded this week, with an average settlement price of approximately 35,423.40 ...

Source: Foodmate