The global economic downturn provided a positive, albeit brief, development for exporters of canned tuna, a staple for cost-conscious consumers. Raw material prices for skipjack tuna, after spiking last summer to nearly USD 2,000 per metric ton, tumbled more than 20 percent by December, according to the United Nations’ Food and Agriculture Organization.
Supplies appeared to be stable, but economy-wary buyers remained cautious as the New Year approached; further price declines are not anticipate…
