Global demand for canned tuna continues to decline in January

Demand in the global canned tuna product market remains very sluggish, resulting in prices falling further.​ Industry sources said the Bangkok transaction price fell to $1,450/t in January and has been on a downward trend for several months; at the same time, in Manta (Ecuador), the price of raw materials also fell to $1500-1550/ton. The industry forecasts that supplies of raw materials in the Pacific region will remain stable for the foreseeable future, and at this time of year, global market demand is relatively stable, with Thai and European canneries operating efficiently. In addition, the price of tuna in the European market has also decreased. The ...