Post-holiday, the squid market is warming up! Squid from the southeastern Pacific Ocean is leading the rise, with market undercurrents surging.

According to data from the Peruvian Ministry of Production, in the first half of October, a total of 5,193 registered fishing vessels went out to sea to catch squid, with a cumulative landing of 52,055.5 tons of squid, surpassing the annual quota. With resources becoming tight and the fishing season nearing its end, raw material supply is tightening, driving prices to remain firm. Meanwhile, the average price of squid from the Southwest Atlantic (off-quota) is approximately 36,576.92 yuan/ton, with limited price fluctuations, and the market showing narrow-range oscillations; the price of squid from the Northwest Pacific has been reduced due to sufficient supply, while the price of squid from the Indian Ocean remains stable.

Overall, the domestic squid market in the 42nd week saw a mild rebound after the holiday, with the Southeast Pacific production area performing well. With the end-of-year stockpiling season approaching and raw material supply becoming tight, squid prices in November may enter a new upward cycle. Industry insiders point out that the market is gradually transitioning from the "post-holiday lull" to the "demand preheat" stage, and the squid market will remain stable with potential for an upward trend in the near future.