Fresh Oyster Prices in Seoul, South Korea, Drop to 62-Week Low

Wholesale fresh oyster prices in Seoul, South Korea, dropped during the last week of April by 20% week-over-week and 25% month-over-month to a fresh 14-month low of KRW 6,080/kg, indicating low domestic demand.
The Tridge benchmark price for French industrial wholesale cow milk butter has been trending lower this month. It has fallen from €5007/mt to €4074/mt over the week on weaker demand for packaged and industrial butter. Milk collections have been up in Europe likewise cream and butter production- supplies of cow milk butter currently exceeds demand with January-23 estimated up 7% YoY to 172 thousand mt. Demand for butter as the asparagus harvest starts has the potential to push prices high but it's too early to say at this point.