Chilean salmon prices to the US, Brazil, and China have all seen an increase during week 37 of 2024, indicating a recovery in demand in these significant markets according to Skills’ latest update.
In the latest report from Skills, there was a modest yet notable increase in the prices of Chilean salmon exported to the United States during week 37 of 2024, covering the period from September 9 to September 15. Concurrently, shipment values to Brazil and China exhibited a similar upward trend compared to the previous week. This indicates a recovery in the market dynamics for Chilean salmon in these key international markets.
Chilean salmon has long been a significant export commodity for Chile, positioning the country as one of the leading global suppliers. The pricing fluctuations of Chilean salmon are influenced by various factors, including demand in major markets such as the United States, Brazil, and China. The current uptick in prices suggests a strengthening in demand and potential market stabilization after previous fluctuations, which could have been impacted by various economic conditions and supply chain challenges.
In summary, the recent data from Skills reveals a positive trend in salmon prices from Chile to major markets including the United States, Brazil, and China. This bump suggests a potential recovery in the sector, indicating improved demand dynamics that may aid the industry in overcoming prior challenges related to market volatility.
Original Source: www.undercurrentnews.com
