The prices are now between $3,300 (€2,503) and $3,400 (€2,579), subject to deal conditions and specifications, the source told IntraFish.
The price of Norwegian cod has increased by 3 percent to 5 percent compared with the last two months, he said.
“We think cod prices are at the bottom,” said an executive with a trading company. “They are going back up, but we don’t know how high. The main markets, such as Spain and Portugal, are weak.”
Although some small cod was sold at $3,100 (€2,352), “not much” was sold at this price, he said.
“The prices are now $3,250 (€2,465) to $3,350 (€2,541) per metric ton for 1-2 sizes to China,” the trading executive said.
A Norwegian fishing executive confirmed the rise in prices, but said he was not exactly bullish on the future.
“Yes, we see a firming up in the market, but not so strong yet,” he told IntraFish.
Although China is returning to the market, it is not an across the board move, said the source in China.
Some Chinese are buying but more are sitting on the fence,” he said. “I can’t predict the trend, but considering the economic data of the United States is looking good and Italy’s Prime Minister’s optimistic opinion, it is reasonable that the market confidence is restoring.”
Demand on salted fish is improving, said the trading executive. “The problem is that there are stocks of loins in China to shift. Some was moved at Boston, but there are still more volumes in China.”
Buyers in Spain are now buying pallet loads and not containers, he said. “The whole shape of the market is changing.”
(vasep.com.vn) Vietnam’s tuna exports reached USD 81 million in April 2026, down 6% compared to the same period in 2025. In the first four months of the year, export turnover totaled USD 289 million, down 4.8%. Although the overall export picture has yet to brighten significantly, market trends are becoming increasingly diversified rather than moving in a single direction.
(seafood.vasep.com.vn) Vietnam’s pangasius industry is undergoing strong restructuring starting from the broodstock and fingerling segment in order to improve productivity, quality, and export competitiveness. This is considered a critical foundation for the sustainable development of the industry amid rising production costs and increasingly stringent market requirements.
(seafood.vasep.com.vn) According to Vietnam Customs data, pangasius exports in April 2026 reached USD 206 million, up 18% compared to the same period in 2025 — marking another consecutive month of double-digit growth since the beginning of the year. Cumulative pangasius export turnover in the first four months of 2026 reached USD 720 million, up 17% year-on-year, reflecting the positive growth momentum of this key export product.
(seafood.vasep.com.vn) Vietnam’s shrimp exports in the first four months of 2026 maintained positive growth momentum, reaching approximately USD 1.5 billion, up 15% compared to the same period last year. However, behind this result lies diverging trends across markets, as the global shrimp industry continues to face pressure from inflation, high inventories, price competition, and increasing trade risks.
(seafood.vasep.com.vn) In Vinh Tuy commune (Kien Giang Province), many shrimp farmers are adopting bottom aeration systems and reporting clear economic benefits, helping increase income and reduce production risks.
(vasep.com.vn) In the first three months of 2026, Vietnam’s exports of crabs and other crustaceans reached more than USD 93 million, up 23% compared to the same period last year. The result shows that the sector is experiencing a fairly positive recovery, especially in its two key product groups: crabs and swimming crabs. However, behind the growth figures are several concerns: export markets remain highly concentrated, raw material supply is unstable, and trade barriers from the US and EU are becoming increasingly stringent.
(seafood.vasep.com.vn) In Ca Mau province, many farmers are transitioning from traditional methods to high-tech shrimp farming, adopting recirculating systems with minimal water exchange to improve efficiency and reduce risks. In Hung My commune alone, there are about 260 super-intensive shrimp farming households covering more than 265 hectares, playing a key role in local economic development.
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
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