Before the quake the business was very quiet in Peru as there is not much leave to sell and not many buyers in the market – the Chile situation will probably push prices higher and get more buyers involved in Peru – at least for a little until the full situation in Chile is better understood.
The results of the Peru Imarpe cruise will be know shortly and we are all getting set for a good report and an early fishing season with a reasonable quota --- of course all this is just hope.
On the price side of things – if the Chile situation is not too good then prices will move quickly higher as buyers try to find supply wherever possible. If all is ok in Chile then the trend looks to be to prices moving up a little every week as supplies disappear.