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) An Giang is focusing on expanding climate-adaptive marine aquaculture models, aiming for safe and sustainable production. This approach not only enhances economic efficiency but also helps fishermen stabilize their livelihoods amid weather fluctuations.
(seafood.vasep.com.vn) In the first 10 months of 2025, Vietnam’s pangasius export value to China (including Mainland China and Hong Kong) reached $483 million, up 1% compared to the same period in 2024. October alone posted $73 million, a strong 19% increase year-on-year. The Chinese market currently accounts for nearly 27% of Vietnam’s total pangasius export value.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the country’s lobster exports posted another strong month in October 2025, reaching $93 million - a 75% increase from the same month in 2024. This performance extends the sector’s impressive growth streak from earlier in the year, pushing cumulative exports for the first 10 months to $712 million, up an extraordinary 135% year-over-year. Within the product mix, green lobster remained the dominant driver, accounting for 98% of total export value, with $700 million recorded in the first 10 months - a 141% jump year-on-year. In contrast, exports of spiny lobster and other lobster varieties declined slightly by 22% and 1%, respectively, indicating that market demand is becoming increasingly concentrated on the most sought-after product line.
(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.
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