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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.

According to data observations from Zhejiang Zhoushan International Agricultural Products Trade Center Co., Ltd.: In terms of the monthly price index operation, the monthly price index for China's distant ocean squid rose significantly in August 2024, closing at 191.16 points, an increase of 3.58% compared to the previous month. In terms of the weekly price index operation, the price index steadily increased each week in August. Among them, the second week saw the largest increase, reaching 2.79%; by the end of August, the index closed at 187.11 points, up 6.23% compared to the end of July.

The 42nd Seafood Expo North America (SENA) was held at the Boston Convention and Exhibition Center in Boston, U.S.A. from March 10-12. This year's exhibitors came from 49 countries around the globe, numbering 1,210, a 6% increase over last year, with an increase in the number of exhibitors from China, Ecuador, Japan, Norway and the U.S.

China's Squid Trade Center has reported a sharp increase in the price of Argentine squid, one of the world's largest cephalopods, following poor fishing in the south-west Atlantic. April 3-9, ...

With the coming of the peak season for traditional squid processing and sales in the second half of the year, the market demand is strong. Since mid-September, the price of Gigas squid at Zhoushan Port has been rising all the way. Especially after the National Day, the price of medium and large squid has jumped. The average price increase has reached 500-600 CNY/ TON in just a few days, and there is a further upward trend, which has led to a new round of overall rise in the price of Gigas squid, and the bullish market has strengthened in the second half of the year.