Argentine and adjacent international waters are critical zones for Illex argentinus, a key species in the global squid market

Meanwhile, strong catches of Illex squid in the Argentine EEZ and surrounding international waters have further contributed to global supply pressure. These favorable fishing conditions are adding to China's growing inventories and compounding the decline in wholesale prices for deep-sea squid, particularly larger grades

Argentine and adjacent international waters are critical zones for Illex argentinus, a key species in the global squid market

Meanwhile, strong catches of Illex squid in the Argentine EEZ and surrounding international waters have further contributed to global supply pressure. These favorable fishing conditions are adding to China's growing inventories and compounding the decline in wholesale prices for deep-sea squid, particularly larger grades

Frozen squid prices in Shidao held steady; specialty products like Argentine skewers and tentacles remained unchanged.

Cooked squid, however, showed notable price pressure in Longkou:

• “White silk” and roasted squid dropped 17.3%,

• Fin shreds and strips saw moderate declines of 2–6%,

• Only hand-torn accordion squid maintained stable pricing.

Weak consumer demand and softening global markets have led to a cautious mood in China’s squid trade. With excess supply from Peru and Argentina, and release of new quotas like those for Dosidicus gigas, the market is braced for continuing price swings and uncertain short-term trends. Buyers and exporters are advised to stay vigilant as supply surges meet cautious buying.

With the giant squid (Humboldt squid, Dosidicus gigas) season set to begin across the Southeast Pacific—particularly in Peru, Ecuador, and Chile—market dynamics remain uncertain. Depending on catch volumes and global demand, prices may face further downward pressure or find a path to stabilization