Monday, December 23

Moroccan Octopus Prices Continue to Rise Despite High Quota

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Undercurrent News
Matilde Mereghetti

Despite a relatively high quota for the ongoing season, Moroccan octopus prices have continued to rise, sources in the country told Undercurrent News.

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Morocco’s octopus season kicks off, Mauritania fishing with high prices.

The Moroccan fisheries ministry has decided to open the octopus fishery in the northern area — from the Mediterranean to Tarfay — as well as the remaining southern area, near the Sahara desert, on Dec. 5.

Prices to the Japanese market in Dakhla, Morocco have risen to $11.3 per kilogram for T6, 10.5/kg (€8.90) for T7 and 9.5/kg (€8.05) for T8, according to a source.

Meanwhile, octopus block from Dakhla to Vigo are on the rise, being currently priced at around €15/kg for T1, €14/kg for T2, €13/kg for T3, €12/kg for T4, €11/kg for T5, €9/kg for T6, €7.8/kg for T7 and €6.8/kg for T8. The offer level in Dakhla was at a higher level, also.

The free on board price in Dakhla is at around €15/kg for T1, €14.5/kg for T2, €13.5/kg for T3, €12.5/kg for T4, €11.5/kg for T5 and €9.30/kg for T6.

Contact the author matilde.mereghetti@undercurrentnews.com

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