The production of PBO fillets though Feb. 8 is 8,600 metric tons, down 21.81% year-on-year. The loss of the price premium from being the only Marine Stewardship Council (MSC) certified fishery after the Russian Sea of Okhotsk fishery was certified last year is impacting US production.
Prices for PBO fillets, the main market for which is the European fish finger processors in Germany, France and the UK, are down at around $2,950 per metric ton, depending on delivery terms and quantity. B season prices in 2013 were around $3,050/mt, with the A season last year at around $3,200/mt.
The last time the prices were at this level was the B season of 2007, before they went on a rapid climb, hitting $4,500/mt in the A season of 2009.
US catchers are producing more deepskin blocks, with production at 8,900t already, up 64.81% y-o-y. Surimi production so far is 16,900t, up 3% y-o-y. Surimi prices to Japan are trending up.
The price of Alaskan pollock surimi bound for the Japanese market for the current 2014 A season has roughly settled at JPY 30-40 higher than that for the 2013 B season, buoyed by the uncertain outlook for surimi supplies from other producers, mainly Southeast Asia and China, according to a report fromMinato Tsukiji.
For roe, mainly sold to Japan and formerly the cash cow of the industry, the outlook is also looking more positive, with recovery rates up on the A season of 2013.
Production of headed and gutted (H&G) pollock is 3,900t so far, down 23.52% y-o-y.
H&G prices are also under pressure, because of the Russian Sea of Okhotsk fishery now having the MSC approval, also. The Sea of Okhotsk fishery takes place largely in A season, meaning Chinese processors can produce double frozen blocks for customers wanting MSC products from Russian fish, as well as American.
The Russian H&G price is currently around $1,400/mt, with American fish still selling at a premium, but largely because there is more bigger fish available, rather than the large premium US H&G used to command from being the only MSC pollock available.
According to producers in the US, the strategy is to cut PBO production and dry up the market in Europe, resulting in higher prices in B season. “Demand is still strong — in Europe and the US — and we don’t think there is much stock around,” one said.
At the same time, the low prices are causing more US buyers to switch to once frozen — PBO, deepskin or individual quick frozen (IQF) fillets – over twice frozen pollock, processed in China from US or Russian H&G.
(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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