Week 45: Prices and quantities in the squid market both fall, supply and demand imbalance intensifies pressure on the market.

Southeast Pacific Squid: Prices and Volumes Plummet, Market Under Pressure This week, the average settlement price for Southeast Pacific squid at the Zhejiang Agricultural Products Center fell to 18,940.82 yuan/ton, a decrease of about 5% from the previous week, with a transaction volume of 6,360 tons, a reduction of 23% compared to last week. Among these, the very small raw strips (1,490 tons) and small raw strips (1,798 tons) were the main varieties, accounting for over 50%. In terms of prices, the small raw strips and medium raw strips both dropped by more than 200 yuan/ton, while the prices of strips, tail fins, and very small strips were reduced by 1,000 to 1,500 yuan/ton. Industry insiders pointed out that the record-high production of giant squid in Peru, coupled with a decrease in orders from domestic processing plants, are the direct causes of the supply-demand imbalance and price decline. Southwest Atlantic Squid: Stable but Weakening The price of Southwest Atlantic ...