• Based on preliminary figures (and revised data), Jul saw decreases in overall purse seine fishing effort, total catch, and overall catch rate. Fleet concentration shifted to the west, while few activities remained in the east.
  • Overall effort decreased 4% to 3,509 days in Jul with highest concentration in PG, KI, and FM accounting for 85%. Overall fishing intensity in EEZs increased by 12% while intensity in HS showed a decrease of 76%. Preliminary data in Aug showed similar concentration as in Jul being heaviest in PG, KI, and FM.
  • The overall average daily catch rate in Jul was 23t with highest rates in HS and PG, at 58t and 25t, respectively. Catch rate for SKJ dropped to 20t, however, early Aug data pointed to a decreased catch rate of 15t.
  • The Jul overall catches decreased by 40% to 134,030t mainly due to the low SKJ catch component. All large and small BET and YFT catch rates declined. PG, HS, and FM accounted for 82% of total catch.
  • Reported total transhipped volume dropped to about 54,481t with most transhipping through PG and FM. These accounted for 69% of total.
  • Bangkok SKJ prices in Jul as reported by Thai Union stabilized at $1,500/mt while the Singapore MGO price rose by 8% to an average $681/mt. The SKJ and MGO price differential decreased.
  • ENSO-neutral is most likely through the late Northern Hemisphere summer 2025 (56% chance in August-October). Thereafter, a brief period of La Niña conditions is favored in the fall and early winter 2025-26 before reverting to ENSO-neutral.