The prices of the three major part of Peru squid caught by domestic ocean going companies rose rapidly!

25-02-2022

The prices of the three major part of Peru squid caught by domestic ocean going companies rose rapidly!

After the Spring Festival, with the resumption of some domestic squid production and the increase of foreign squid order production, the original inventory of squid is small. Due to the restrictions of epidemic prevention and control and the rise of container shipping costs, the recent arrival of overseas Peruvian squid trade import is few, and there is a new wave of price rise in the three major pieces (head, tail and fillet) of domestic ocean self captured Peruvian squid. As of February 23, in just one week, the price of Peruvian squid head in zhoushankou rose from CNY11500/ ton before the Spring Festival to CNY13500/ ton, the tail rose from CNY 7000 / ton to CNY7800 / ton, and the fillet rose from CNY6800/ ton to CNY7200/ ton before the Spring Festival.And continued to rise.

According to the analysis of insiders, in 2019 and 2020, the price of large squid in Peru was maintained at a high price due to low production. The highest price of head once reached CNY19000/ ton, the highest price of tail exceeded CNY15000/ ton, and the highest price of slice was close to CNY11000/ ton. Later, due to the impact of the epidemic and weak consumption in domestic and foreign markets, the raw materials? The sharp drop in purchase demand and the impact of overseas import trade of Peru's large squid have led to a decline in prices. Especially in the past 202 years, the output of Peru's large squid caught by ocean has returned to normal, a large number of fish goods have arrived in Hong Kong, and their prices have fallen to a trough. It is understood that the lowest price of the head was only CNY11300/ ton, and the lowest prices of the tail and the film were only CNY6700/ ton and CNY6600/ ton respectively. The average price is far lower than the actual production cost price, and the majority of operators are generally in a difficult state of operating loss. In the face of the depressed market, a few units sold at a low price in order to obtain the necessary production working capital, which exacerbated the decline of the market, but most production units still chose to keep warehouse inventory and wait for the subsequent recovery of the market.

Recently, the price of large squid in Peru suddenly rose, which on the one hand truly reflects the current market? The objective situation of the increase in purchase demand has actively released the signal that the market supply and demand structure is gradually changing. On the other hand, the fishing season of large squid in Peru this year will not come until October in the second half of the year. The existing stock of raw materials will only decrease but not increase, and the supply is controllable. Some domestic squid export processing manufacturers and intermediate traders are more optimistic about the follow-up market of three large squid in Peru than that of small squid in Peru. Considering the comprehensive factors such as their own product inventory and product export tax rebate, They also hope to have an internal market driven by price rise. Recently, some squid fishing operators in the city seized the current favorable opportunity and began to sell some stocks of fish to recover the necessary working capital, so as to effectively reduce the huge operating pressure of high costs under the epidemic. The market activity has increased significantly compared with that before the Spring Festival.

Peru squid is the largest Ocean self caught squid caught in China, which is mainly used as processing raw materials, Specifically, it includes large squid (caught from the fishing ground in the south latitude of the high seas in the Southeast Pacific, rough processed into head, tail and pieces at sea, commonly known as the three large pieces) and original small squid (caught from the fishing ground in the west through the equator and the fishing ground in the north latitude of the high seas in the Southeast Pacific). In normal years, the production of large squid accounts for 40% of the total squid in Peru. Zhoushan is the main position of squid fishing and production in Peru, It accounts for more than 65% of the total squid in Peru, of which the proportion of large squid accounts for more than 70% and the proportion of original squid accounts for 80%.

As processing raw materials, Peru's large squid, small squid and Indian Ocean squid are replaced and interrelated with each other. At present, all parties are paying close attention to the recent price trend of the three major pieces of Peru's squid, especially under the realistic background of this year's high domestic squid production and the continuous negative news of the cooperative sales of Peru's original small squid in Zhoushan, The majority of squid fishermen in the industry and purse seine fishing units in the Indian Ocean are full of ardent expectations. Under the current situation of increasing market demand and increasing favorable factors, I hope all parties can work together to create a good market atmosphere, take good care of the rising price of squid in Peru, alleviate the downward difficulties of the industry and help the development of the industry.


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