Prices for the weekend’s harvest are $0.20 down from the last harvest two weeks ago, a 4.4% drop from last harvest, for 41 per pound count shrimp, sources told Undercurrent News on Monday.
Prices were at $4.30 as of Monday, down from $4.50 last harvest, which was two weeks ago, Crimasa general director Joel Sabando toldUndercurrent News.
Crimasa is a mid-sized processor that buys all but 90 to 95% of its shrimp from farmers, while the rest produced at its own ponds; and it spent the last week and weekend negotiating with farmers.
Sabando said these prices will likely translate into FOB prices of $4.85 to $4.90 per pound for headless shell on (HLSO) shrimp. The impact will come to US wholesalers in about three weeks, after the product is processed and shipped to the
The $0.20 drop is the first sign of market softening in months, other than a drop of $0.65 in late August that was induced by the US imposition of 10 to 13.5% countervailing duties (CVD), said Sabando.The duties have since been nullified, and prices have risen steadily since then and had been rising steadily before then as well.
Prices have risen from a level of $2.50 to $2.60 in February to $4.65 in late summer, which was the highest farm prices Sabando paid.
The cause of the price drop is more ambiguous this time around than it was then, indicating that perhaps the global market is truly softening.
It is not softening as much as processors were anticipating last week, however. As of Friday, Sabando anticipated the price would drop $0.60 from the prior harvest – far more than the $0.20 drop that ultimately became final on Monday, after the weekend harvest.
This puts processors in a better position to sell to US buyers, which two sources at major processors in Ecuador told Undercurrent have not been buying for at least the last three weeks, if not the last month and a half.
The reason US buyers have not been committing on product is because the pipeline in the US – after months of having too little product – is full, Angel Rubio, director of Latin America for Urner Barry, told Undercurrrent News.
Yet there continues to has been plenty of demand in
(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.
(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.
(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.
In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.
(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.
(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.
(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).
(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.
(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.
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