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Rising Skipjack Tuna Prices in Thailand Signal Market Trends

Skipjack tuna prices in Bangkok, Thailand are rising rapidly, surpassing $1,600 per ton and expected to reach $1,700 soon. This trend is in contrast to the stable prices of $1,650 per ton in Manta, Ecuador. The pricing fluctuations are influenced by trader logistics and market demand.

In the seafood market of Bangkok, Thailand, the cost and freight (CFR) prices for skipjack tuna are currently exceeding $1,600 per metric ton. This surge in price is anticipated to hit $1,700 per metric ton shortly. Market sources suggest that the delayed achievement of this price point is due to traders not rushing to finalize contracts as their carriers remain partially loaded.

The skipjack tuna market in Thailand is experiencing a swift increase in prices, nearing the $1,700 mark. This uptick is driven by market conditions and trader logistics in Bangkok, while prices in Ecuador remain stable. Understanding these dynamics is crucial for stakeholders in the seafood trade.

Original Source: www.undercurrentnews.com

Lila Khan

Lila Khan is an acclaimed journalist with over a decade of experience covering social issues and international relations. Born and raised in Toronto, Ontario, she has a Master's degree in Global Affairs from the University of Toronto. Lila has worked for prominent publications, and her investigative pieces have earned her multiple awards. Her insightful analysis and compelling storytelling make her a respected voice in contemporary journalism.

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