ANALYSIS: Record Price Swings and Seasonal Shifts for Atlantic Halibut in 2024
Atlantic halibut pricing in 2024 has been marked by notable volatility, driven by seasonal factors and external market dynamics. Fishermen shifting gear to target species like swordfish, tuna, or lobster, combined with the unpredictable nature of North Atlantic weather, have significantly impacted fishing efforts. These disruptions often result in abrupt changes in supply, leading to rapid price fluctuations. While volatility is characteristic of this market, this year has seen more pronounced swings than usual.
The year began with an average price of $15.75 per pound, reflecting the...
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