Chilean Salmon Prices Show Recovery Trend in Week 37 of 2024
In week 37 of 2024, prices for Chilean salmon to the US, Brazil, and China showed signs of recovery, with U.S. prices increasing slightly, and upward corrections noted in Brazil and China’s shipments according to Skills data.
The latest data from Skills indicates a modest increase in the prices of Chilean salmon exported to the United States during week 37 of 2024, specifically from September 9 to September 15. In addition to this upward trend in the U.S., the prices for shipments of Chilean salmon to both Brazil and China also experienced an upward correction on a week-on-week basis. This suggests a recovery in market prices for these key export destinations after possible fluctuations in previous weeks.
Chilean salmon is an essential product in the global seafood market, particularly for major importers such as the United States, Brazil, and China. The price dynamics within this industry can be influenced by various factors, including supply-demand fluctuations, seasonal changes, and international trade agreements. Week 37 marks a significant shift where the prices, having faced previous declines, are beginning to stabilize and rise, reflecting a positive market response.
In summary, week 37 of 2024 saw improvements in the pricing of Chilean salmon for the United States, Brazil, and China, indicating a potential recovery in this significant sector of the fishing industry. The upward adjustments in these markets may suggest stabilization of demand and favorable market conditions moving forward.
Original Source: www.undercurrentnews.com
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