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    Home > Food News > Food Articles > The price of tuna in Thailand continues to rise, and the average price has exceeded that of Ecuador

    The price of tuna in Thailand continues to rise, and the average price has exceeded that of Ecuador

    • Last Update: 2021-12-24
    • Source: Internet
    • Author: User
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    In December, the price of tuna in Bangkok, Thailand rose, and the CFR price rose to $1,600/ton, an increase of $100/ton from the previous month.
    The purchase price of small manufacturers even reached $1,650/ton, and the current price in Thailand even exceeded Ecuador .
     
    A source (A) said that the reason for the price increase is related to the continuous increase in international freight costs
    .
    "Some canned food manufacturers in Thailand have purchased prices as high as $1,650/ton, and the upward trend seems to continue
    .
    "
     
    “The price of Manta in Ecuador is still maintained at $1,600/ton.
    Thailand’s supply is short, while Ecuador’s supply is abundant
    .
    Bangkok’s price surpasses Ecuador, which is not normal in the industry
    .
    It is expected that Ecuador will also usher in a wave of price increases because of some Half of the fleet has entered the fishing moratorium
    .
    " Source B said
    .
     
    "Ecuador's processing plants are under great pressure
    .
    Because of poor sales and rising canned raw materials and other processing costs, many manufacturers are unacceptable to the current prices
    .
    " Source B said
    .
     
      "Currently, Manta in Ecuador is not out of stock, because many ships will have to unload before the second fishing moratorium
    .
    In the next few weeks, canning factories will gradually consume these stocks, and half of the fishing vessels will be closed, and the price is firm at $1,600/ton.
    There is no doubt
    .
    Ecuador's supply is not expected to be too much until the end of the fishing moratorium until mid-January next year
    .
    " Source A said
    .
     
      "The market will determine the final price trend, what prices can be accepted in the final product market, and how much sales can be sold.
    These will be fed back to the value chain level
    .
    The tuna industry is currently controllable as a whole and the raw material prices are flexible
    .
    All links in the value chain are not required.
    If you are too greedy, you can understand and cooperate with each other, and the industry can develop healthily without falling into crisis
    .
    " Source A said
    .
    Tuna price purchase
     
      A source (A) said that the reason for the price increase is related to the continuous increase in international freight costs
    .
    "Some canned food manufacturers in Thailand have purchased prices as high as $1,650/ton, and the upward trend seems to continue
    .
    "
     
      “The price of Manta in Ecuador is still maintained at $1,600/ton.
    Thailand’s supply is short, while Ecuador’s supply is abundant
    .
    Bangkok’s price surpasses Ecuador, which is not normal in the industry
    .
    It is expected that Ecuador will also usher in a wave of price increases because of some Half of the fleet has entered the fishing moratorium
    .
    " Source B said
    .
     
      "Ecuador's processing plants are under great pressure
    .
    Because of poor sales and rising canned raw materials and other processing costs, many manufacturers are unacceptable to the current prices
    .
    " Source B said
    .
     
      "Currently, Manta in Ecuador is not out of stock, because many ships will have to unload before the second fishing moratorium
    .
    In the next few weeks, canning factories will gradually consume these stocks, and half of the fishing vessels will be closed, and the price is firm at $1,600/ton.
    There is no doubt
    .
    Ecuador's supply is not expected to be too much until the end of the fishing moratorium until mid-January next year
    .
    " Source A said
    .
     
      "The market will determine the final price trend, what prices can be accepted in the final product market, and how much sales can be sold.
    These will be fed back to the value chain level
    .
    The tuna industry is currently controllable as a whole and the raw material prices are flexible
    .
    All links in the value chain are not required.
    If you are too greedy, you can understand and cooperate with each other, and the industry can develop healthily without falling into crisis
    .
    " Source A said
    .
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