Squid prices have fallen across the board, and the market has entered a "cooling-off period."

Published 2025년 11월 10일

Tridge summary

Core tip: As the Qingdao Fisheries Expo concludes, the "heat" of the deep-sea squid market is rapidly cooling down. Since late October, prices have declined to varying degrees in the markets for deep-sea raw squid, Peruvian split items, as well as domestic frozen and cooked products. The industry generally believes that the market is entering a "cooling period" before the end of the year.

Original content

1. Peruvian production areas are concluding at high levels, and inventory digestion in the Chinese market slows down The latest news from the Peruvian Ministry of Production (PRODUCE) shows that to ensure the sustainable use of giant squid resources, the local government has implemented "Giant Squid Action IV" and plans to use the scientific research vessel "Humboldt" in mid-November for a one-month resource assessment cruise. This means that the Peruvian squid inshore fishing season is officially coming to an end. Although Peru's annual catch reached a historic high of 600,000 tons, the export pace has slowed down, and some processing plants have run out of raw materials for production, with only large-sized squid inventory still on sale. Since China is the largest buyer of Peruvian squid, accounting for 50% to 60% of its total exports, the market trend largely depends on the speed of inventory digestion in China. Currently, there is still pressure on inventory in major coastal ...

Source: Foodmate