International

Tuna prices are slowly growing

Fish & Seafood

Demand from retailers and other buyers has increased the prices for yellowfin tuna and skipjack.

Posted on Aug 28 ,12:33

Tuna prices are slowly growing

The prices of raw material, both yellowfin tuna and skipjack, for the production of canned tuna, rebounded from the bottom to slowly rise up again, observes Dominik Barczyk, Head of Sales for Central Europe from Frinsa, in an analysis published by Portal Spozywczy magazine.
An increase in the price of skipjack tuna from Bangkok has led to a higher price for yellowfin tuna delivered in southern Europe, mentioned Barczyk.
The prices of yellowfin tuna in Abidjan, Côte d'Ivoire and Seychelles have again risen to EUR 2,500 per tone, while in Italy and Spain prices are slowly heading down to EUR 2,700 / t.
Skipjack tuna caught in the Indian and Atlantic Oceans is more expensive, with prices reaching EUR 1,200 / t, while in Spain, even offers of EUR 1,400 / t appeared. The demand in the Spanish market is adding weekly €50 to €100 for a ton of skipjack tuna.
"As we have previously observed volatile tuna prices, it is now difficult to judge how the price will develop. Nevertheless, leading retail chains have already taken care of covering the demand, and the others now have a chance to contract at a favorable price", commented Dominik Barczyk.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

USA

Bird flu outbreak in Georgia threatens US chicken exports, trade group says

A flock of 45,500 breeder chickens tested positive last week in Elbert County, Georgia, near the ...


Read more Read more
AUSTRALIA

Latest producer survey shows growing optimism in Australian beef industry

The survey is run three times a year by MLA with the latest survey just released and reporting on...


Read more Read more
INTERNATIONAL

United States and Canada lift of embargo on poultry imports from France

On January 16, 2025, the United States lifted the embargo on French exports of poultry and poultr...


Read more Read more
Websolutions by Angular Software and SpiderClass