See you at Booth 2647-3, March 16-18, 2025 in Boston, USA, Seafood Expo North America 2025

According to the predictions of the Multi-Sectoral El Niño Phenomenon Research Committee (ENFEN) of Peru, the La Niña phenomenon is expected to gradually weaken, and it is anticipated that ocean conditions will remain neutral until April 2025, although negative anomalies may occur.

In March 2024, according to the data observation of Zhejiang Zhoushan International Agricultural Products Trade Centre Co., Ltd: from the operation of the monthly price index, the monthly price of China ocean-going squid continued to rise in March 2024, with the index closing at 175.78 points, up 5.90% year-on-year, continuing the trend of high growth in February; from the operation of the weekly price index, the prices of the weeks in March continued to rise, of which the third weekly price increase was Obviously, the index was 166.09 points, up 6.07%, the fourth week of increases narrowed.

Early reports of poor squid catches in Argentina are pushing prices higher in the Chinese squid market. Prices have been rising since Argentina's fishing season began on Jan. 10 as factories feared a potential shortage of supplies this year. The increase is between 200 and 300 US dollars per ton.

Last year, the giant squid fishery in Peru's EEZ(Exclusive Economic Zone) had a historic harvest, and this year production has fallen so sharply that domestic prices in Peru have risen to as high as PEN 24/kg ($6.36/kg), causing processors to shy away from even acquiring the raw material.

Looking forward to meet you at our Booth # 4H606, April 23-25, 2024 in Barcelona, Spain