Recently, the resources of Argentine shortfin squid in the South Atlantic have experienced a rare peak, with the South Patagonian stock (SSP) biomass reaching record-high levels. This suggests that th...

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In the 7th week of 2025 (10th to 13th February), China's squid market offers were clearly divided: Southeast Pacific squid and Indian Ocean squid prices showed an upward trend, with Southeast Pacific species becoming the focus of the market due to the reduction of stocks and the rebound of demand; Southwest Atlantic squid (offline) and Northwest Pacific squid maintained stable prices. Combined with the trading data of Zhejiang Zhoushan International Agricultural Products Trade Centre and the dynamics of production areas, we will analyse the market performance of each region in detail.

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The squid markets in the four major ocean regions are showing a trend of overall stability. Aside from some specifications of squid prices in the Southeast Pacific experiencing an increase, the prices in the other three major regions—the Southwest Atlantic (offshore), Northwest Pacific, and Indian Ocean—remained consistent with the previous week.

Recently, the Food and Agriculture Organisation of the United Nations (FAO) released a global fisheries report for the first quarter of 2024, which provides an in-depth analysis of the global cephalopod market, covering multiple dimensions such as production and supply, market trade, price trends and market outlook.

The 27th China International Fisheries Expo and China International Aquaculture Exhibition (hereinafter referred to as the ‘Fisheries Expo’), hosted by the Agricultural Trade Promotion Centre of the Ministry of Agriculture and Rural Development (CCPIT Agricultural Sub-Council), was opened at the Hongdao International Convention and Exhibition Centre in Qingdao City, Shandong Province, on 30th October.

The 27th China International Fisheries Expo and China International Aquaculture Exhibition (hereinafter referred to as the ‘Fisheries Expo’), hosted by the Agricultural Trade Promotion Centre of the Ministry of Agriculture and Rural Development (CCPIT Agricultural Sub-Council), was opened at the Hongdao International Convention and Exhibition Centre in Qingdao City, Shandong Province, on 30th October.

Last year, the giant squid fishery in Peru's EEZ(Exclusive Economic Zone) had a historic harvest, and this year production has fallen so sharply that domestic prices in Peru have risen to as high as PEN 24/kg ($6.36/kg), causing processors to shy away from even acquiring the raw material.

Traditionally, the four most famous fishing grounds in the world are the Hokkaido fishing grounds in Japan, the Newfoundland fishing grounds in Canada, the North Sea fishing grounds in the United Kingdom and the Peruvian fishing grounds in Peru. These fisheries are famous for their rich fishery resources and unique reasons for their formation. Nowadays, with global warming and changes in fishery resources, the emerging four major fishing grounds are gradually replacing the traditional fishing grounds as the new fishing centres.

According to the predictions of the Multi-Sectoral El Niño Phenomenon Research Committee (ENFEN) of Peru, the La Niña phenomenon is expected to gradually weaken, and it is anticipated that ocean conditions will remain neutral until April 2025, although negative anomalies may occur.

According to data observations from Zhejiang Zhoushan International Agricultural Products Trade Center Co., Ltd.: In terms of the monthly price index operation, the monthly price index for China's distant ocean squid rose significantly in August 2024, closing at 191.16 points, an increase of 3.58% compared to the previous month. In terms of the weekly price index operation, the price index steadily increased each week in August. Among them, the second week saw the largest increase, reaching 2.79%; by the end of August, the index closed at 187.11 points, up 6.23% compared to the end of July.