In mid-November 2026, the global market price of yellowfin tuna remained generally stable. The quotations of processing raw materials in Asia fluctuated little, and no significant changes were observed in the Spanish market for the time being. The port of Manta in Ecuador has seen a rise in bonito prices due to the seasonal fishing ban on the eastern Pacific purse Seine fleet, drawing attention to the supply of raw materials in the market.
In the Asian market, at ports such as General Santos in the Philippines and Bitung and Benoa in Indonesia, the FOB price of whole yellowfin tuna suitable for fillet processing is approximately $5,200 - $5,600 per ton. The CFR quote for saltwater frozen yellowfin tuna raw materials supplied to Asian pre-cooked processing plants is approximately $2,750 - $2,880 per ton. The specifications and transaction processes of the two types of products are different, so their prices cannot be directly compared. Recently, the quotations have remained relatively stable.
The price of frozen whole yellowfin tuna in Port Vigo, Spain, has also remained generally stable. The main specifications that the market focuses on are products weighing over 10 kilograms, which are traded under the CFR standard. At present, the public market information has not disclosed the latest specific quotations on November 13th, and it is temporarily impossible to confirm the weekly fluctuation range.
The bonito market in Port Manta has witnessed more definite price changes. In early November 2026, the quoted price for bonito at the Manta Port by boat was approximately $1,900 to $2,100 per ton, with some spot transactions starting at around $1,800 per ton. This quotation reflects the price of bonito at the unloading stage of local fishing boats.
Another set of price assessments shows that the assessed value of manta skipjack on October 30, 2026, was $2,400 per ton, an increase of $100 per ton compared to September. This data was released by Expana and is a market price assessment. It is not exactly the same transaction basis as the ship-side quotations of $1,900 - $2,100 per ton at the Port of Manta. The two sets of data respectively reflect the market prices under different assessment methods and should not be simply regarded as quotations for the same product under the same transaction conditions.
The price of bonito at Port Manta has strengthened, which is related to the second phase of the fishing ban for the eastern Pacific purse Seine fleet. The fishing ban began on November 9th, with a base period of 64 days, covering skipjack tuna, yellowfin tuna and bigeye tuna. After the fleet suspends fishing, the arrival of raw materials at the port will be affected. Before the fishing ban began, some Manta processing plants had already started to purchase raw materials and replenish their inventories, and as a result, the pressure on market supply has drawn attention.
Yellowfin tuna and skipjack tuna both hold important positions in the local tuna industry chain, but their price levels, processing uses and trading specifications are not the same. At present, the prices of raw materials for Asian yellowfin tuna processing remain stable, while the prices of manta skipjack are affected by fishing ban arrangements and inventory purchases. Next, the resumption time of the Eastern Pacific fleet, the actual landing volume at Manta Port and the raw material inventory of the processing plant will affect the local bonito trading price.
