Vietnam: The price of yellowfin tuna exported to Southern Europe reached a record high

The average price of whole yellowfin tuna used to produce canned goods imported into Spain has increased 36% since January to EUR 3,200/ton (CIF price). This is the highest price since January 2012. The reason for the increase in tuna prices is due to low supply from the Indian Ocean and Atlantic Ocean regions. Plus, shipping costs are higher and empty containers available are low. In addition, the low fishing activity and supply from the Western Pacific often help lower the price of tuna in the EU. Yellowfin tuna inventories in EU countries are at a low level. A major EU fishing company said the price increase was due to the impact of the Indian Ocean Tuna Commission's (IOTC) yellowfin catch restrictions and high transport costs. than. The companies had to modify the fishing strategy of the vessels according to the fishing quotas in the IOTC area. After that, the ban on "veda", or the order to close the fishing grounds in the Atlantic Ocean, caused a third of the fleet to stop ...