ANALYSIS: The Squid Market Faces Supply Fluctuations and Increasing Freight Costs
The squid market is currently navigating a complex landscape, with conditions varying significantly based on species and origin.
In the U.S., the supply of Chinese Loligo squid is ample, outpacing the moderate to quiet demand trends currently reported within the wholesale market. Because of this lackluster demand, prices for Chinese Loligo have decreased this year despite an 8% retreat in year-to-date imports compared to last year. Currently, the average price for 5-8 inch tubes and tentacles (T&T) is...
To Read Full Story Login Below.