Tuna prices are slowly growing
The prices of raw material, both yellowfin tuna and skipjack, for the production of canned tuna, rebounded from the bottom to slowly rise up again, observes Dominik Barczyk, Head of Sales for Central Europe from Frinsa, in an analysis published by Portal Spozywczy magazine.
An increase in the price of skipjack tuna from Bangkok has led to a higher price for yellowfin tuna delivered in southern Europe, mentioned Barczyk.
The prices of yellowfin tuna in Abidjan, Côte d'Ivoire and Seychelles have again risen to EUR 2,500 per tone, while in Italy and Spain prices are slowly heading down to EUR 2,700 / t.
Skipjack tuna caught in the Indian and Atlantic Oceans is more expensive, with prices reaching EUR 1,200 / t, while in Spain, even offers of EUR 1,400 / t appeared. The demand in the Spanish market is adding weekly €50 to €100 for a ton of skipjack tuna.
"As we have previously observed volatile tuna prices, it is now difficult to judge how the price will develop. Nevertheless, leading retail chains have already taken care of covering the demand, and the others now have a chance to contract at a favorable price", commented Dominik Barczyk.
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