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The overall output has declined, causing the price of raw materials in Bangkok to rebound
.
A person in charge of a Thai canned food company said: "After a few weeks of stabilization, we finally saw the price of tuna increase.
Last week's transaction price reached $1,350/t, which was slightly higher than that in June ($1,300/t).
.
"
Last week's transaction price reached $1,350/t, which was slightly higher than that in June ($1,300/t).
.
"
An Asian fishery company administrator pointed out that the price increase is related to the Western and Central Pacific’s fishing moratorium.
In addition, due to the epidemic prevention, several fishery companies are facing a shortage of crew members.
“Most crew members of the purse seine fleet want to work shifts.
Time spent at sea
.
"
In addition, due to the epidemic prevention, several fishery companies are facing a shortage of crew members.
“Most crew members of the purse seine fleet want to work shifts.
Time spent at sea
.
"
However, many ports do not allow the replacement of crew, especially foreign ships
.
For example, if an Indonesian purse seine fishing in Kiribati wants to change its crew, it has to return to Indonesia and then back to Kiribati.
This will increase logistics costs and delay fishing time
.
.
For example, if an Indonesian purse seine fishing in Kiribati wants to change its crew, it has to return to Indonesia and then back to Kiribati.
This will increase logistics costs and delay fishing time
.
In addition, since the outbreak last year, the MSC (Marine Management Committee) no longer mandates that fishing vessels be equipped with observers, and this plan may continue to be delayed until August
.
.
In recent months, international fuel prices have continued to rise, leading to rising fishery costs
.
The rise in container freight has also put pressure on demand in certain markets, such as Thailand
.
.
The rise in container freight has also put pressure on demand in certain markets, such as Thailand
.
The above-mentioned canned food manufacturer said: "With rising container freight, rising oil prices and packaging costs, and weak demand for canned products, we have almost no room to raise prices
.
"
.
"
The European Fisheries Industry Association (Europeche) believes that fishing companies are facing the dual pressure of fuel and labor costs.
In 2018, labor costs accounted for 37% of operating costs, and fuel costs accounted for 16.
9%.
Recently, due to rising oil prices, the fuel cost of some fish meal has risen to 50%.
%, and so far, the tuna market has not fully returned to normal
.
In 2018, labor costs accounted for 37% of operating costs, and fuel costs accounted for 16.
9%.
Recently, due to rising oil prices, the fuel cost of some fish meal has risen to 50%.
%, and so far, the tuna market has not fully returned to normal
.
In Manta, Ecuador, starting last week, tuna raw material prices have rebounded and are currently rising to $1,425-1,450/t
.
At present, the East Pacific has also entered a short fishing moratorium for three weeks, but EU importers hope that the Ecuadorian price will stabilize at $1,400/t
.
.
At present, the East Pacific has also entered a short fishing moratorium for three weeks, but EU importers hope that the Ecuadorian price will stabilize at $1,400/t
.
