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

China imported a record 12,542 tonnes of frozen squid from Argentina in May this year, with a total value of $42.5 million, according to the latest data from Chinese customs. The surge was attributed to heavy fishing by Argentine fishing vessels, which in the first half of 2024 in reached 153,000 tonnes, up 54% year-on-year.

Prices for yellowfin tuna for December delivery continue to fall in several regions, driven by weak demand in Europe. Weak demand in Europe has led to low prices, as has skipjack tuna. The European canned tuna industry is going through a difficult period characterized by a challenging marketing season.

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It is predicted that the scallop catch will be 325,100 tons, which is 2% lower than last year's highest historical record, but it has remained above 300,000 tons for four consecutive years.

China's State Council Information Office released a White Paper on "China's Pelagic Fisheries Development" on 24th, pointing out that China's aquaculture output has ranked first in the world for 32 consecutive years, becoming the world's largest aquatic product processor and exporter, and making a positive contribution to guaranteeing the world's food security.