Illex Squid Market Update : April 23, 2018
Frozen seafood suppliers advise that catching season of Illex Argentinus squid has ended. Catching this year is significantly lower than 2017.
2017-2018 CATCHING DATA
A) Catching done inside 200 mile limit (Argentina’s exclusive Maritime economic zone ), referred below as Argentina water
B) Catching done outside 200 mile limit (international waters )
|Argentina waters||78,000 tons ( 50 vessels )||85,000 tons ( 50 vessels )||+15%|
|International waters||200,000 tons ( 250 vessels )||110,000 tons ( 300 vessels )||-50%|
|Overall||278,000 tons||195,000 tons||-29.8%|
Frozen seafood suppliers expect this severe drop in catching for 2018 will result in prices increases for all species of squid. The new catching season for Todarodes pacificus will start in September 2018.