For late October and early November, the prices are at around $1,700-$1,720 per metric ton, cost and freight (CNF) Bangkok, for whole round, frozen skipjack, in sizes of 4-7.5 pounds (1.8-3.4 kilos).
Since hitting a peak of around $2,350/t in April, prices have continued to fall, with the current level down around 27% of this peak.
“For December, I wouldn’t be surprised if it [the price in Bangkok] dropped again,” an Asia-based source with a supplier told Undercurrent News.
Another source, based in the US, said he’d heard talk circulating of a deal done at $1,650/t, adding the price is definitely at $1,700/t.
“It’s certainly going in that direction [$1,650/t], which I think we will see for December fish deliveries, as the boats are now back fishing on FADS [fish aggregating devices]” in the Western Pacific, he toldUndercurrent.
From July 1 to Oct. 31, the Western and Central Pacific Ocean is closed to fishing using FADs.
Fishing was weak in the final few months of the FAD closure, sources said, with a lot of small fish caught. Despite this, prices continued to fall.
“Thai canners are trying to push the price of tuna down very hard, despite poor fishing in the Western Pacific the last couple of months, due to the FAD closure,” said one US-based source.
“It’s a ‘game of chicken’, between the traders and Thai processors right now, with the traders trying to hold the price up,” he said.
“If fishing is strong, expect prices to drop further,” said the source, of the next few weeks. “If fishing is soft, they will bounce right back up to $2,000/t.”
Buyers are aware the market is falling and plants around the world — Bangkok, Europe; West Africa; Indian Ocean; and Ecuador — are well stocked, sources said.
“With most finished product buyers in the US and Europe aware that prices are falling, but not yet bottomed-out, they are still staying out of the market, unless they have immediate need of some product,” one source told Undercurrent.
“So, production volumes haven’t picked up to a level that will absorb this fish in the short term. We still have some way to go, in my opinion,” he said.
“Worldwide, canneries are mostly well supplied, with some Bangkok plants covered well into January, so canners can out-wait the traders in many cases. Interesting times ahead,” the source said.
(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.
(seafood.vasep.com.vn) Da Nang City has fully implemented all recommendations from the European Commission (EC) regarding the fight against illegal, unreported and unregulated (IUU) fishing, creating an important foundation for the removal of the “yellow card” in the near future.
(seafood.vasep.com.vn) In Hoa Vang district (Da Nang City), red tilapia farming is demonstrating clear economic efficiency, becoming a promising livelihood that helps many households increase their income. A notable example is the model of Mr. Huynh Ngoc Nam, who operates two red tilapia ponds covering more than 4 hectares, generating stable annual income.
(seafood.vasep.com.vn) In Gia Vien district, tilapia farming—particularly the “duong nghiep” strain—is expanding rapidly and gradually becoming an efficient production model for local farmers. Hatcheries in the area are supplying high-quality, uniform, and disease-free fingerlings, meeting the growing demand for commercial farming.
(seafood.vasep.com.vn) On the afternoon of March 19, Vice Chairman of the Ca Mau Provincial People’s Committee, Le Van Su, chaired a meeting to address bottlenecks and propose solutions to expand the super-intensive whiteleg shrimp farming model using low water exchange and high biosecurity standards (RAS-IMTA).
(seafood.vasep.com.vn) On March 10, 2026, the Ho Chi Minh City People’s Committee issued Decision No. 1377/QD-UBND approving the Aquatic Animal Disease Prevention and Control Plan for the 2026–2030 period. The decision takes effect from the date of signing and replaces previous plans for the 2021–2030 period that had been issued prior to the administrative merger in Ba Ria – Vung Tau, Binh Duong, and Ho Chi Minh City.
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