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Jumbo flying squid exports fall

CHILE
Thursday, July 31, 2014, 04:10 (GMT + 9)

Chile exported jumbo flying squid (Dosidicus gigas) for USD 70 million in 2013, a figure which shows a 15.7 per cent drop over the previous year, when USD 83 million was obtained. And according to the data provided by the National Fisheries Society (SONAPESCA) to the National Customs Service, the value of exports last year is well below that from 2011, which was USD 117 million. The industrial fishery sector attributes these declines to the movements in foreign markets, particularly those from Argentina and Peru, the newspaper El Mercurio reported. Hector Bacigalupo, SONAPESCA manager general explained: "Chile is not the main actor, but the United States, Peru and others are. When they are in high demand and have great abundance, low price." Meanwhile, Ruben Rojas, general manager of Cooperativa Pesquera Guayacum, commented the price trend is declining -- jum... FULL STORY

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