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Thai Union Absorbs Tuna Price Surge to Achieve Record Gross Margin

THAILAND
Tuesday, August 11, 2026, 03:00 (GMT + 9)

The Thai company reported a 17.1% year-on-year increase in skipjack (Katsuwonus pelamis) prices during the second quarter of 2026, yet raised its gross margin to 21.4% driven by price adjustments, operational efficiency, and an improved product mix. Thai Union Group successfully sustained its profitability despite rising raw material costs in the tuna sector. In its financial results presentation for the second quarter of 2026, the company reported that the price of tuna used as an input reached US$ 1,768 per metric ton, representing a 17.1% increase compared to the same period of the previous year. Source: Thai Union. Click on the image to enlarge it

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