With the coming of the peak season for traditional squid processing and sales in the second half of the year, the market demand is strong. Since mid-September, the price of Gigas squid at Zhoushan Port has been rising all the way. Especially after the National Day, the price of medium and large squid has jumped. The average price increase has reached 500-600 CNY/ TON in just a few days, and there is a further upward trend, which has led to a new round of overall rise in the price of Gigas squid, and the bullish market has strengthened in the second half of the year.

It is predicted that the scallop catch will be 325,100 tons, which is 2% lower than last year's highest historical record, but it has remained above 300,000 tons for four consecutive years.