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) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
(seafood.vasep.com.vn) While Vietnam’s shrimp exports to the EU maintained positive growth momentum in 2025, several new regulations related to animal welfare are transitioning from “ethical recommendations” to mandatory requirements, likely reshaping the shrimp supply chain for this market from 2026 onwards.
(seafood.vasep.com.vn) Vietnam’s seafood exports reached $989.5 million in November 2025, up 64.6% year-on-year. The robust monthly performance played a pivotal role in driving the total export turnover for the first 11 months of 2025 to $10.5 billion, representing a 19% increase compared with the same period in 2024.
(vasep.com.vn) Vietnam’s crab exports reached USD 81 million in the first 11 months of 2025, with the United States accounting for more than 82% of total value. While newly imposed reciprocal tariffs and the enforcement of provisions under the U.S. Marine Mammal Protection Act (MMPA) pose significant challenges for Vietnam, the European Union is emerging as a promising growth market.
(seafood.vasep.com.vn) The Ca Mau Department of Agriculture and Environment has recently issued a plan to develop specialized crab raw material zones serving official export channels, covering a scale of around 50,000 hectares. This marks a significant shift in the sea crab industry towards professional production aligned with market requirements.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn