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Vietnamese pangasius (basa) farm-gate prices reached a record 37,000-38,000 dong per kg in October, about 1.46-1.50 USD, as year-end holiday restocking from China and the global market coincided with tighter raw fish supply in the Mekong Delta. Processors such as Vinh Hoan and NAVICO raised frozen fillet CFR quotes by 0.15-0.20 USD per kg in Q4, and fry prices rose over 20% since early September.
Production scheduling is tight, with new order lead times stretching to 4-6 weeks and some confirmed shipments delayed.
Pangasius is a whitefish protein competing with fishmeal-based feed and other proteins for buyers, so higher farm-gate and fillet prices reflect tighter aquaculture supply costs that can support demand for alternative feed ingredients and plant protein. The story points to rising input and freight costs in Asian aquaculture, a moderately bullish signal for protein-linked feed prices.
theseafoodintelligence.com来源： 海产智讯Nov 3, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
