Skipjack prices in Bangkok fall slightly, further decline expected in September

The delivery price of bonito in Bangkok has fallen in August and is expected to decrease further in September, due to an abundant supply from the Latin American port of Manta. Despite sufficient supply and weak demand in the Bangkok market, global orders are stable and are expected to last until November or the end of the year. The price of bonito varies in different regions, with increases in the Indian Ocean and stable prices in the Atlantic Ivory Coast, but prices in the Spanish market have fallen due to reduced market activity during the summer holidays.

As an important processing center in Asia, the delivery price of bonito in Bangkok has declined in August. Sources revealed that the August delivery price in Bangkok has dropped to US$1,550 per ton from the previous US$1,600 per ton. Prices are expected to fall further in September. , could fall to around $1,400. In contrast, FOB prices for bonito in the Latin American port of Manta have remained around $1,300 per ton. Delivery prices in Bangkok have declined due to the abundant supply of bonito in Manta. A source in Ecuador said, The current price for most mills is still around $1,300 per ton, with some trading slightly above or slightly below this level. The decline in prices in Bangkok is partly due to sufficient supply from the Mantha port, and Thailand hopes to respond to market pressure by lowering prices. An American tuna industry insider pointed out that although the supply of fish in the Bangkok market is sufficient and demand for finished products is weak, prices Still ...