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Giant Squid Price Rocket Up On Low Catches 2018
Nov 29, 2018

20th, Nov, two transportation vessels from Peru fishing area arrived at Zhoushan, unloading 6000 metric tons of giant squid(Dosidcus Gigas) products. Most of the cargoes are giant squid fillet, wings, tentacles, and  small part of neck, tails, squid meat pieces. This is first batch of giant squid products landing in 2018 catching season, the landing time was more late than 2017, the end of Oct.


unloading


   Due to poor giant squid(Dosidcus Gigas) catching situation, price of all giant squid products went up quickly apparently, and owners prefer buyer to biding at high price. However, except giant squid fillet, some giant squid products were sold out quickly.


In Dec., there will be 5 transportation vessels returning with about 30, 000 tons giant squid products. Many buyers have to wait for the second landing.


According to the latest news, around 360 fishing vessels remaining in Peru fishery area, daily output for each vessel is about 1-2 tons. It is estimated that total output is 50,000-60,000 tons, only half of last year, since the beginning of 2018 fishing season.


In Peru, fishing season of giant squid(Dosidcus Gigas) won’t open until Jan., but it was reported that the fishing condition was poor, too, and some of Peruvian giant squid(Dosidcus Gigas) suppliers offered much higher price than that in China.   


  Obviously, in future year, the demand of giant squid(Dosidcus Gigas) won’t be filled by the total output, the price will be rocket up, and buyers ought to look for substitution.

  Following current price for reference:


Giant Squid(Dosidicus Gigas) Products Price Trend

ItemPrice(RMB/MT)Trend


Giant Squid Tentacles


22500-23000


Giant Squid Fillet


15000-15500


Giant Squid Wings


17000-17000


Giant Squid Neck


14000-14500

Giant Squid WR

-500g

9600-9700

Giant Squid WR

500-1000g

9600-9700

Giant Squid WR

1000-2000g

9700-10000

Giant Squid WR

2000-4000g

10200-10700


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