Weekly BriefIllex Argentinus Weekly · No.WK15 · Week ending April 18, 2026

Spawning aggregation released; all monitoring signals flip bearish

Cumulative catch at 33,208 MT; the weekly print falls to 2,174 MT, a 50.0% contraction from WK14. The four-model ensemble converges to a 35,261 MT base case — the tightest agreement of the season.

BX-TRADE-CRS·Commodity Research & Strategy·Published April 22, 2026·EN·繁中·For intended recipients
Cumulative catch0MTSeason-to-date · incl. pre-season
Weekly print0MT−50.0% week-on-week
Base case0MTTightest 4-model agreement
>600g share0%Crossed the 30% terminal threshold
The read

The Week 14 spawning aggregation released as a single-week event: weekly catch fell 50.0% to 2,174 MT and all four monitoring signals flipped bearish. CPUE breached the 4.0 viability line for the first time this season (3.98), >600g crossed the 30% terminal-migration threshold (31.6%), and weekly catch failed to hold the 2,500 MT sustain line. With the cohort in terminal spawning migration, the four-model ensemble converges to a 35,261 MT base case — the tightest agreement of the season.

Season monitor
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Signal monitor

All four monitoring signals flipped bearish; net 25 / 55 / 20.

Weekly catchBearish
2,174 MT
Below the 2,500 MT sustain line
CPUEBearish
3.98
First breach of the 4.0 viability line
>600g shareBearish
31.6%
Above the 30% terminal threshold
400g+ shareBearish
82.0%
Above the 70% maturation threshold
Active vesselsWatch
78
Fleet holding; watch for exits
Persistent-tailBearish
0 wks
No sustain after the WK14 spike
BEAR 25%
BASE 55%
BULL 20%
Scenario explorer

Drag next week's catch; the projected base and regime verdict update from the report's own thresholds.

WK18 weeklyassumption
2,000MT
01,0002,0003,0004,000
Projected base case
40,500MT
+313 MT vs current base · season cum → 35,215 MT
Persistent-tail extends — 4th week
Bear
Base
Bull
Proj.
Full edition

This is the public summary. The full 24-page bilingual brief is distributed to intended recipients.

The complete issue carries the full data tables, every model output and weighting, the size-grade and fleet detail, and the week-by-week signal monitor — in English and 繁體中文.

Research disclaimer.This publication is produced by Baixian Trade Commodity Research & Strategy for commercial and informational purposes only. It is current as of the stated week-ending date and does not constitute investment, trading, or financial advice, nor an offer or solicitation. Forecasts are model-derived estimates subject to revision; forward-looking figures involve uncertainty and should not be relied upon as guarantees. Regulatory and stock-assessment references reflect third-party findings and are reported without endorsement. Taiwan-origin and mainland-China-origin catch are distinguished for analytical accuracy only. See the full disclaimers for terms.

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