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    Home > Food News > Food Articles > Tuna prices in Bangkok are falling, and terminal market demand is weak

    Tuna prices in Bangkok are falling, and terminal market demand is weak

    • Last Update: 2021-10-19
    • Source: Internet
    • Author: User
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    In October, the raw material price of tuna (bonito) in Bangkok, Thailand declined slightly.
    The recent average transaction price was $1,300/t, down $25-$50/t from September .
     
    The source said that the FAD (fish collection device) closed season in the Western and Central Pacific has ended, but the overall fishing situation is not ideal
    .
     
    "The FAD fishing vessel went to sea again, but the output was not high
    .
    The November quotation provided by some major suppliers rose to $1,400/t.
    I estimate that this price is difficult to sell, and it may eventually land at $1,350/t, because the demand for end products is still relatively high.
    Weak
    .
    " The source said
    .
     
    In Manta, Ecuador, prices have also been relatively low this month, with transaction prices in the $1,650-$1,700/t range
    .
    Taking into account the increase in production during the start of the Eastern Pacific and the downturn in the Thai market, tuna prices in Ecuador may continue to pull back
    .

     
    “The price difference between Bangkok and Ecuador is too big.
    As long as the output goes up, the price will definitely fall
    .
    ” The above-mentioned source said that on October 9th, about 50% of the vessels were going to stop fishing in the port.
    The fishing period was 72 days.
    The price is expected to fall.
    The trend will not last long
    .

    Tuna price
     
      The source said that the FAD (fish collection device) closed season in the Western and Central Pacific has ended, but the overall fishing situation is not ideal
    .
     
      "The FAD fishing vessel went to sea again, but the output was not high
    .
    The November quotation provided by some major suppliers rose to $1,400/t.
    I estimate that this price is difficult to sell, and it may eventually land at $1,350/t, because the demand for end products is still relatively high.
    Weak
    .
    " The source said
    .
     
      In Manta, Ecuador, prices have also been relatively low this month, with transaction prices in the $1,650-$1,700/t range
    .
    Taking into account the increase in production during the start of the Eastern Pacific and the downturn in the Thai market, tuna prices in Ecuador may continue to pull back
    .

     
      “The price difference between Bangkok and Ecuador is too big.
    As long as the output goes up, the price will definitely fall
    .
    ” The above-mentioned source said that on October 9th, about 50% of the vessels were going to stop fishing in the port.
    The fishing period was 72 days.
    The price is expected to fall.
    The trend will not last long
    .

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