China Squid Market Update : Nov 15, 2018
The season of Ilex Argentinus is Jan to April. According to frozen seafood exporters, If Illex landings are strong, it could push Todarodes Pacificus prices down.
Todarodes Pacificus harvest is normally from Aug to December, but suppliers advise that this year has already pretty much ended last week due to poor catching. The total catch of Todarodes Pacificus squid for 2019 is about 50% of last season.
It is expected that squid prices may slightly move up from now until April 2019. Although Ilex catch starts in January, fishing vessels typically return to China around end April 2019. If Ilex Argentinus landings are exceptionally good, frozen seafood suppliers and exporters might see the squid prices drop in May 2019.