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China squid price update

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Week 30: Regional Divergence in Squid Producing Areas Intensifies, with Sustained Gains in the Southwest!

 

According to data from Zhejiang Zhoushan International Agricultural Products Trade Center, in the 30th week of 2025 (July 18-24), regional divergence in the squid market continued. Squid from the southeastern Pacific fluctuated downward, those squid from the southwestern Atlantic maintained their upward trend, and squid from the northwestern Pacific and Indian Ocean saw significant declines, showing the characteristics of "regional divergence and specification divergence."



Southeastern Pacific Squid: Fluctuating Slightly Downward, Dominated by Extra-Small and Small Whole Squid


Transaction status: This week, the average settlement price of southeastern Pacific squid at Zhejiang Agricultural Center was approximately 19,024 yuan/ton, with an overall slight downward fluctuation. Specifications showed obvious divergence: large-head squid plummeted by 930 yuan/ton; extra-small strips and mantles fell slightly (within 100 yuan/ton); extra-small whole squid and tail tips rose by 101 yuan/ton and 500 yuan/ton, respectively.
The trading volume was 5,074 tons, a 38% month-on-month decrease. Extra-small whole squid (1,691 tons) and small whole squid (1,515 tons) accounted for 63% of the total, remaining the mainstay.


Giant Squid Market and Production Situation

Currently, the processing categories of giant squid are limited. Inventories of popular squid products such as squid ears, tentacles, and necks are nearly exhausted, leaving processors with only a small amount of squid slices to barely sustain subsequent processing. The industry is closely monitoring the results of squid resource surveys.
Domestic ocean-going fishing has performed well, with an average catch of 1,100-1,150 tons per vessel since November 2024.


In the 28th week, the price of giant squid at Weihai International Marine Commodity Trading Center declined slightly.


Southwestern Atlantic Squid (Offshore)

Transaction data: This week, 349 tons of southwestern Atlantic squid (offshore) were traded at Zhejiang Agricultural Center, with an average settlement price of approximately 35,783 yuan/ton. The 100-150g specification fell by 1,000 yuan/ton, while the 200-600g specifications all rose by 500 yuan/ton.


Comprehensive quotations: The 100-150g specification was reduced by 500 yuan/ton, the 150-200g specification rose by 500 yuan/ton, and other specifications remained the same as last week.


Except for the smallest specification, which remained unchanged, other specifications were increased by 250-500 yuan/ton, showing an overall upward trend, reflecting concerns about resource shortages.

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Argentine Illex Squid Market and Production Situation

Inshore fishing in Argentina has ended, and China’s voluntary fishing moratorium in the high seas offshore of the southwestern Atlantic continues.


From January to June, the declared output of Argentine Illex squid at Zhoushan was 41,700 tons (a year-on-year decrease of 10.58%), with an output value of 1.431 billion yuan (a year-on-year increase of 4.70%).


In the 30th week, the price of Argentine Illex squid at Weihai International Marine Commodity Trading Center rose further.


Pls contact us for squid orders:

 

Blue Sea Fishery Co., Ltd.

www.blueseafishery.cn

E-mail: sales@blueseafishery.cn

Wechat: DORIS85789

Tel: 0086-131-5609-5220





 

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0086-131-5609-5220

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sales@blueseafishery.cn

Sales Manager: Doris Zhang         

Shidao, Rongcheng, Weihai, Shandong, China         

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