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
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
(seafood.vasep.com.vn) During the week from April 4th to 10th, 2026, Quang Ngai province intensified its monitoring and law enforcement activities with the determination to eliminate illegal, unreported, and unregulated (IUU) fishing practices.
(seafood.vasep.com.vn) Thanh Hoa’s shrimp sector is undergoing a strong transformation by accelerating the adoption of high technology, helping to improve productivity, increase profits, and meet market demands. The province currently has about 4,100 hectares of shrimp farming, with output continuing to rise despite stable farming area, mainly due to the shift from traditional methods to intensive and super-intensive farming.
(vasep.com.vn) Amid ongoing volatility in global seafood trade, Vietnam’s crab exports have made a fairly positive start to 2026. According to Vietnam Customs statistics, export turnover in the first two months of 2026 reached nearly USD 55 million, up 24% compared to the same period in 2025 and more than 2.2 times higher than in the same period of 2024. This indicates that crab exports are entering 2026 with stronger growth momentum, particularly in Asian markets.
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