Is it the bottom for skipjack prices?

Prices for a metric ton (MT) of skipjack tuna in Bangkok in mid-March slumped to around USD 1,100 (EUR 793), and some industry players signal this may be the floor, with prices inching back up in the coming months.

The market is a far cry from where it was a year ago, when prices in mid-March 2013 were around USD 2,275 (EUR 1,641) per MT. The current prices are more than 50 percent off from the USD 2,400 (EUR 1,731) per MT skipjack was fetching in April and May of last year, when the market pea…

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